Updated
Updated · MarketWatch · Apr 30
Union Pacific stock rises and outperforms competitors
Updated
Updated · MarketWatch · Apr 30

Union Pacific stock rises and outperforms competitors

8 articles · Updated · MarketWatch · Apr 30
  • The shares gained 1.78% to $269.48 on Thursday, with trading volume of 3.3 million topping the 50-day average of 3.1 million.
  • The advance ended a two-day losing streak and left the stock 1.93% below its 52-week high of $274.79 reached on 24 April.
  • Union Pacific beat rival rail stocks as CSX rose 1.68% and Norfolk Southern gained 1.19%, while the S&P 500 climbed 1.02% and the Dow added 1.62%.
If this rail mega-merger proceeds, what will prevent shipping costs from skyrocketing for everyday American goods?
Could one transcontinental railroad fix America's supply chain, or would it create a monopoly that is too big to fail?