CSX Trading Volume Plummets 33.35% Ranking 314th in Daily Volume

On May 9, 2025, CSX Corporation (CSX) experienced a significant drop in trading volume, with a total of 2.66 billion shares traded, marking a 33.35% decrease from the previous day. This placed CSX at the 314th position in terms of trading volume for the day. The stock price of CSX also declined by 0.76%.

CSX Corporation has announced that it will be hosting its annual meeting of shareholders on May 15, 2025. The meeting will be held virtually, allowing shareholders to participate remotely. The agenda for the meeting includes the election of directors, the ratification of the appointment of independent registered public accounting firm, and the approval of an advisory vote on executive compensation.

CSX Corporation has reported its first-quarter earnings for the fiscal year 2025. The company reported earnings per share of $1.10, beating analysts' expectations of $1.05. Revenue for the quarter was $3.2 billion, up 5% from the same period last year. The company's operating income for the quarter was $1.2 billion, up 7% from the previous year.

CSX Corporation has announced that it will be investing $2.5 billion in capital expenditures for the fiscal year 2025. The company plans to use the funds to upgrade its infrastructure, improve its technology, and expand its network. The investment is part of CSX's long-term strategy to enhance its operational efficiency and customer service.