Shares of CSX ( CSX) , the fourth largest railroad operator in the U.S., ramped over 4.4% on Wednesday following a blowout earnings report. Other major players in the sector were on the move Wednesday as well. Both Union Pacific ( UNP) and Norfolk Southern ( NSC) gained over 2.25%.
This powerful breakout move in CSX drove the stock to new 2016 highs after mounting its best daily gain of the year. The...