CSX Corp. Stock Falls Wednesday, Underperforms Market
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Shares of CSX Corp. (CSX) slid 1.72% to $27.92 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.67% to 3,695.16 and Dow Jones Industrial Average falling 0.33% to 30,423.81. The stock's fall snapped a two-day winning streak. CSX Corp. closed $10.71 below its 52-week high ($38.63), which the company reached on March 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Union Pacific Corp. (UNP) fell 0.78% to $200.06, Canadian National Railway Co. (CNR.T) fell 0.52% to $112.91, and Norfolk Southern Corp. (NSC) fell 2.12% to $217.62. Trading volume (15.4 M) remained 913,712 below its 50-day average volume of 16.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 19, 2022.
(END) Dow Jones Newswires
October 19, 2022 16:47 ET (20:47 GMT)
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