Shares of Kansas City Southern
inched 0.14% higher to $269.74 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.20% to 4,367.48 and the Dow Jones Industrial Average
rising 0.07% to 34,823.35. This was the stock’s third consecutive day of gains. Kansas City Southern closed $45.65 short of its 52-week high ($315.39), which the company achieved on May 13th.
The stock underperformed when compared to some of its competitors Thursday, as Union Pacific Corp.
rose 1.08% to $219.54, Canadian National Railway Co.
rose 0.68% to $104.93, and CSX Corp.
rose 3.48% to $32.67. Trading volume (567,528) remained 500,036 below its 50-day average volume of 1.1 M.
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