Updated
Updated · MarketWatch · May 7
CSX stock slides 2.5% and underperforms market
Updated
Updated · MarketWatch · May 7

CSX stock slides 2.5% and underperforms market

11 articles · Updated · MarketWatch · May 7
  • Shares closed at $44.46 on Thursday as the S&P 500 fell 0.38% and the Dow Jones Industrial Average dropped 0.63%.
  • The decline ended a two-day winning streak, leaving CSX 4.49% below its 52-week high of $46.55 reached on 23 April.
  • CSX lagged rail rivals Union Pacific and Norfolk Southern, which fell 1.25% and 1.22%, while trading volume rose to 13.4 million shares, above its 50-day average.
CSX stock is falling despite strong profits. Is this a hidden bargain or a sign of deeper trouble ahead?
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