CSX Stock Surges 156.73% in Trading Volume Ranking 103rd as Union Pacific Acquisition Rumors Circulate

On July 17, 2025, CSX Corporation (CSX) saw a significant increase in trading volume, with a turnover of $988 million, marking a 156.73% rise from the previous day. This surge placed CSX at the 103rd position in terms of daily trading volume. The stock price of CSX rose by 3.73%.

CSX's stock price experienced volatility following reports that Union Pacific, a major rival, is considering acquiring a competitor. This speculation has led to increased interest in CSX, as investors anticipate potential takeover bids. Union Pacific has reportedly hired Morgan Stanley to explore possible deals, including the creation of the country's first transcontinental railroad line. This strategic move could involve acquiring an East Coast carrier like CSX, which would enhance Union Pacific's competitive position against the trucking industry.

Despite the initial surge in CSX's stock price, there was a slight decline after the Wall Street Journal clarified that Norfolk Southern was the specific target of Union Pacific's interest. This clarification led to a temporary drop in CSX's stock price, but the overall sentiment remains positive due to the potential for future acquisitions.

Analysts have also weighed in on the situation, with Bank of America upgrading CSX to a Buy rating from Neutral, setting a new price target of $42, up from $34. This upgrade reflects the optimism surrounding CSX's potential involvement in a major industry consolidation.