Norfolk Southern Corp. Stock Falls Wednesday, Still Outperforms Market
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Shares of Norfolk Southern Corp. (NSC) slid 2.00% to $225.40 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.50% to 3,759.69 and Dow Jones Industrial Average falling 1.55% to 32,147.76. Norfolk Southern Corp. closed $73.80 below its 52-week high ($299.20), which the company achieved on December 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Union Pacific Corp. (UNP) fell 2.18% to $192.53, Canadian National Railway Co. (CNR.T) fell 1.59% to $116.06, and CSX Corp. (CSX) fell 1.86% to $28.53. Trading volume (1.2 M) remained 251,576 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 2022.
(END) Dow Jones Newswires
November 02, 2022 17:13 ET (21:13 GMT)
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