Norfolk Southern Corp. Stock Falls Monday, Still Outperforms Market
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Shares of Norfolk Southern Corp. (NSC) slipped 1.49% to $248.55 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. The stock's fall snapped a five-day winning streak. Norfolk Southern Corp. closed $50.65 below its 52-week high ($299.20), which the company reached on December 31st.
Despite its losses, the stock outperformed some of its competitors Monday, as Union Pacific Corp. (UNP) fell 2.25% to $208.52. Trading volume (948,795) remained 477,616 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 17:23 ET (22:23 GMT)
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