CSX Corp. Stock Falls Tuesday, Underperforms Market
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Shares of CSX Corp. (CSX) slipped 1.54% to $31.31 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.87% to 3,991.73 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. This was the stock's second consecutive day of losses. CSX Corp. closed $7.32 below its 52-week high ($38.63), which the company achieved on March 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Union Pacific Corp. (UNP) fell 2.90% to $210.66, Canadian National Railway Co. (CNR.T) rose 0.07% to $121.39, and Norfolk Southern Corp. (NSC) fell 1.41% to $248.14. Trading volume (16.8 M) remained 875,389 below its 50-day average volume of 17.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2022.
(END) Dow Jones Newswires
November 15, 2022 16:47 ET (21:47 GMT)
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