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CSX Corporation (CSX) is a leading transportation company in the U.S., specializing in rail-based freight services based in Florida. Valued at $68.6 billion by market cap, the company operates an extensive network covering 26 states and Canadian provinces, serving multiple industries.
Shares of the railroad giant have significantly underperformed the broader market over the past 52 weeks. CSX has gained 17.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 36.4%. Meanwhile, in 2024, shares of CSX are up 2.6%, compared to SPX's 25.2% gains on a YTD basis.