Shares of Norfolk Southern Corp. (NYS:NSC) slipped 2.44% to $249.50 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index (S&P:SPX) falling 3.20% to 3,991.24 and Dow Jones Industrial Average (DOW:DJIA) falling 1.99% to 32,245.70. This was the stock's third consecutive day of losses. Norfolk Southern Corp. closed $49.70 below its 52-week high ($299.20), which the company reached on December 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Union Pacific Corp. (NYS:UNP) fell 1.89% to $225.25, Canadian National Railway Co. (NYS:CNI) fell 4.65% to $110.93, and CSX Corp. (NAS:CSX) fell 3.34% to $33.62. Trading volume (1.3 M) remained 185,529 below its 50-day average volume of 1.5 M.