CSX Corp. Stock Rises Friday, Still Underperforms Market
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Shares of CSX Corp. (CSX) rallied 1.42% to $29.22 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.46% to 3,901.06 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. This was the stock's sixth consecutive day of gains. CSX Corp. closed $9.41 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 Friday, as Union Pacific Corp. (UNP) rose 1.33% to $198.65, Canadian National Railway Co. (CNR.T) rose 0.93% to $119.09, and Norfolk Southern Corp. (NSC) rose 2.48% to $229.14. Trading volume (14.2 M) remained 3.1 million below its 50-day average volume of 17.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2022.
(END) Dow Jones Newswires
October 28, 2022 16:47 ET (20:47 GMT)
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