Will Union Pacific Stock Rebound To Its 2022 Highs Of Around $280?
Union Pacific(UNP) Forbes·2024-07-11 20:45
Union Pacific stock (NYSE: UNP) currently trades at $222 per share, around 20% below its level of $277 in March 2022. In comparison, its peer – CSX stock (NYSE: CSX) saw its stock fall by 8% over the same period. Union Pacific saw its stock trading at around $213 at the end of June 2022, just before the Fed started increasing rates, and is now marginally above that level. In comparison, the S&P 500 gained 47% during this period. The underperformance for UNP can be attributed to a decline in the volume of ca ...