Shares of Norfolk Southern Corp. /zigman2/quotes/200877725/composite NSC -1.91% inched 0.32% higher to $246.54 Wednesday, 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 +0.16% falling 1.65% to 3,935.18 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.42% falling 1.02% to 31,834.11. The stock's rise snapped a four-day losing streak. Norfolk Southern Corp. closed $52.66 short of its 52-week high ($299.20), which the company achieved on December 31st.
The stock underperformed when compared to some of its competitors Wednesday, as Union Pacific Corp. /zigman2/quotes/209717171/composite UNP -2.36% rose 0.58% to $223.88, Canadian National Railway Co. /zigman2/quotes/208205632/composite CNI +0.11% rose 1.17% to $111.24, and CSX Corp. /zigman2/quotes/208536759/composite CSX -2.83% rose 1.19% to $33.17. Trading volume (876,425) remained 602,827 below its 50-day average volume of 1.5 M.