Norfolk Southern Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Norfolk Southern Corp. (NSC) shed 5.86% to $204.87 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.80% to 3,665.78 and Dow Jones Industrial Average falling 0.30% to 30,333.59. This was the stock's second consecutive day of losses. Norfolk Southern Corp. closed $94.33 short of its 52-week high ($299.20), which the company reached on December 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Union Pacific Corp. (UNP) fell 6.80% to $186.45, Canadian National Railway Co. (CNR.T) fell 2.86% to $109.68, and CSX Corp. (CSX) fell 3.01% to $27.08. Trading volume (3.4 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 20, 2022.
(END) Dow Jones Newswires
October 20, 2022 17:13 ET (21:13 GMT)
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