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Updated · MarketWatch · May 6Union Pacific stock rises 1.60% and outperforms competitors
11 articles · Updated · MarketWatch · May 6
- Shares closed at $268.23 on Wednesday, while the S&P 500 gained 1.46% and the Dow rose 1.24% in a broadly strong US market session.
- Union Pacific posted a second straight daily gain, beating CSX's 1.27% rise and Norfolk Southern's 1.17% increase.
- The stock finished 2.39% below its 52-week high of $274.79 reached on 24 April, with trading volume of 3.0 million matching its 50-day average.
Will Union Pacific's mega-merger create a supply chain champion or a competition-killing duopoly that hurts American consumers? Can the landmark UNP-NSC deal deliver on its promises, or will it repeat the chaotic service failures of past railroad mergers?