- CSX jumped nearly 4% today on speculation that Bill Ackman has acquired a sizable stake in the railroad, and could reveal the stake Monday afternoon when he is scheduled to present at the Ira Sohn conference.
- Earlier this week, UBS analyst Thomas Wadewitz wrote that recent action in the stock suggests Ackman has been accumulating a position, and noted similar patterns observed with his stake in Canadian Pacific.
CSX on the move as Ackman chatter grows louder
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Symbol | Last Price | % Chg |
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