Norfolk Southern Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Norfolk Southern Corp. (NSC) sank 0.58% to $199.42 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.30% to 3,948.72 and the Dow Jones Industrial Average rising 0.23% to 32,105.25. This was the stock's second consecutive day of losses. Norfolk Southern Corp. closed $92.13 short of its 52-week high ($291.55), which the company achieved on March 31st.
The stock underperformed when compared to some of its competitors Thursday, as Union Pacific Corp. (UNP) rose 0.26% to $186.20. Trading volume (1.6 M) remained 87,716 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 23, 2023.
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March 23, 2023 17:14 ET (21:14 GMT)
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