Norfolk Southern Corp. Stock Rises Tuesday, Still Underperforms Market
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Shares of Norfolk Southern Corp. (NSC) inched 0.29% higher to $236.32 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,828.11 and the Dow Jones Industrial Average rising 1.02% to 33,160.83. This was the stock's fourth consecutive day of gains. Norfolk Southern Corp. closed $62.88 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 3.93% to $204.01, Canadian National Railway Co. (CNR.T) rose 1.13% to $121.51, and CSX Corp. (CSX) rose 0.07% to $29.98. Trading volume (1.3 M) remained 215,542 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2022.
(END) Dow Jones Newswires
November 08, 2022 17:13 ET (22:13 GMT)
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