Norfolk Southern Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Norfolk Southern Corp. (NSC) rose 1.55% to $208.04 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.37% to 3,752.75 and the Dow Jones Industrial Average rising 2.47% to 31,082.56. The stock's rise snapped a two-day losing streak. Norfolk Southern Corp. closed $91.16 below its 52-week high ($299.20), which the company achieved on December 31st.
The stock underperformed when compared to some of its competitors Friday, as Union Pacific Corp. (UNP) rose 2.19% to $190.53, Canadian National Railway Co. (CNR.T) rose 2.86% to $112.82, and CSX Corp. (CSX) rose 1.70% to $27.54. Trading volume (5.2 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2022.
(END) Dow Jones Newswires
October 21, 2022 17:13 ET (21:13 GMT)
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