Shares of Kansas City Southern KSU rallied 1.97% to $292.33 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA rising 1.56% to 34,912.56. This was the stock's third consecutive day of gains. Kansas City Southern closed $23.06 below 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. UNP rose 2.54% to $221.34, Canadian National Railway Co. CNI rose 2.42% to $121.63, and CSX Corp. CSX rose 2.61% to $33.43. Trading volume (798,527) remained 164,005 below its 50-day average volume of 962,532.