Norfolk Southern Corp. Stock Rises Monday, Still Underperforms Market
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Shares of Norfolk Southern Corp. (NSC) inched 0.78% higher to $235.63 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.96% to 3,806.80 and the Dow Jones Industrial Average rising 1.31% to 32,827.00. This was the stock's third consecutive day of gains. Norfolk Southern Corp. closed $63.57 short of 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 Monday, as Union Pacific Corp. (UNP) fell 0.20% to $196.30, Canadian National Railway Co. (CNR.T) rose 0.76% to $120.15, and CSX Corp. (CSX) rose 1.11% to $29.96. Trading volume (1.2 M) remained 272,400 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2022.
(END) Dow Jones Newswires
November 07, 2022 17:13 ET (22:13 GMT)
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