Shares of CSX Corp. /zigman2/quotes/208536759/composite CSX -0.88% slipped 2.16% to $33.99 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.12% falling 1.81% to 4,504.08 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.09% falling 1.47% to 35,241.59. The stock's fall snapped a two-day winning streak. CSX Corp. closed $4.02 short of its 52-week high ($38.01), which the company achieved on January 4th.
The stock underperformed when compared to some of its competitors Thursday, as Union Pacific Corp. /zigman2/quotes/209717171/composite UNP -0.33% fell 1.77% to $242.12, Canadian National Railway Co. /zigman2/quotes/208205632/composite CNI +0.18% fell 1.33% to $123.03, and Norfolk Southern Corp. /zigman2/quotes/200877725/composite NSC -0.51% fell 0.59% to $272.33. Trading volume (10.8 M) remained 2.9 million below its 50-day average volume of 13.7 M.