CSX stock rises for second straight day

11 articles · Updated · MarketWatch · May 6

Shares gained 1.27% to $45.60 on Wednesday as the S&P 500 rose 1.46% and the Dow added 1.24%.
CSX still lagged some rail peers, with Union Pacific up 1.60% and Norfolk Southern gaining 1.17% in the broader market rally.
The stock finished 2.04% below its 52-week high of $46.55 reached on 23 April, while trading volume of 9.8 million stayed below its 50-day average.

CSX is posting strong profits, but can it maintain momentum while battling its own workforce?

With rivals planning a historic merger, can CSX's current strategy ensure its long-term survival?