CSX Corp. Stock Rises Tuesday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of CSX Corp. (CSX) inched 0.92% higher to $28.41 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.14% to 3,719.98 and the Dow Jones Industrial Average rising 1.12% to 30,523.80. This was the stock's second consecutive day of gains. CSX Corp. closed $10.22 below its 52-week high ($38.63), which the company reached on March 7th.
The stock underperformed when compared to some of its competitors Tuesday, as Union Pacific Corp. (UNP) rose 1.53% to $201.64, Canadian National Railway Co. (CNR.T) rose 2.11% to $113.50, and Norfolk Southern Corp. (NSC) rose 1.48% to $222.34. Trading volume (16.4 M) eclipsed its 50-day average volume of 16.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 18, 2022.
(END) Dow Jones Newswires
October 18, 2022 16:47 ET (20:47 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.