CSX Corp. Stock Outperforms Market On Strong Trading Day
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Shares of CSX Corp. (CSX) inched 0.53% higher to $26.65 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.33% to 3,577.03 and Dow Jones Industrial Average falling 0.10% to 29,210.85. The stock's rise snapped a five-day losing streak. CSX Corp. closed $11.98 below its 52-week high ($38.63), which the company achieved on March 7th.
The stock outperformed some of its competitors Wednesday, as Union Pacific Corp. (UNP) fell 0.27% to $192.12, Canadian National Railway Co. (CNR.T) fell 0.91% to $106.95, and Norfolk Southern Corp. (NSC) fell 0.69% to $211.32. Trading volume (13.7 M) remained 2.2 million below its 50-day average volume of 15.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 12, 2022.
(END) Dow Jones Newswires
October 12, 2022 16:47 ET (20:47 GMT)
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