CSX Corp. Stock Falls Friday, Underperforms Market
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Shares of CSX Corp. (CSX) sank 0.23% to $30.88 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. This was the stock's fifth consecutive day of losses. CSX Corp. closed $7.75 below its 52-week high ($38.63), which the company reached on March 7th.
The stock underperformed when compared to some of its competitors Friday, as Union Pacific Corp. (UNP) rose 0.36% to $210.58, Canadian National Railway Co. (CNR.T) rose 0.66% to $124.42, and Norfolk Southern Corp. (NSC) rose 0.49% to $246.76. Trading volume (15.4 M) remained 2.3 million below its 50-day average volume of 17.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.
(END) Dow Jones Newswires
November 18, 2022 16:47 ET (21:47 GMT)
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