Norfolk Southern Corp. Stock Rises Tuesday, Still Underperforms Market

Realty Income Corp

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Company profile

Realty Income Corporation is a real estate investment trust. The Company is engaged in acquiring and managing single-unit freestanding commercial properties under a long-term net lease agreement with its commercial clients. The Company owns and operates diversified portfolio of over 11,400 commercial properties. The Company’s properties are leased to over 1,100 different clients who operate in approximately 72 separate industries throughout all 50 states, as well as Puerto Rico, the United Kingdom and Spain. Its properties are leased to retail and industrial clients that have a service, non-discretionary and/or low-price-point component to their business. The Company’s property types include retail, industrial, and agriculture.

Norfolk Southern Corp. Stock Rises Tuesday, Still Underperforms Market

5:13 pm ET October 25, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Norfolk Southern Corp. (NSC) rose 1.19% to $215.77 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.63% to 3,859.11 and the Dow Jones Industrial Average rising 1.07% to 31,836.74. This was the stock's third consecutive day of gains. Norfolk Southern Corp. closed $83.43 below 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 Tuesday, as Union Pacific Corp. (UNP) rose 0.58% to $194.61, Canadian National Railway Co. (CNR.T) rose 1.82% to $115.50, and CSX Corp. (CSX) rose 2.13% to $28.76. Trading volume (2.5 M) eclipsed its 50-day average volume of 1.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2022.

(END) Dow Jones Newswires

October 25, 2022 17:13 ET (21:13 GMT)