Canadian National Railway Train Derails, Evacuations Underway: What's Going On?
Portfolio Pulse from Erica Kollmann
Canadian National Railway (NYSE:CNI) shares traded lower following a train derailment in Matteson, Illinois. No injuries were reported, but a 'white powdery substance' was seen leaking. Residents are under a mandatory evacuation order. CNI shares have decreased by 2.53% in the past year and are down 0.76% at $117.34.
June 27, 2024 | 7:45 pm
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Canadian National Railway shares fell following a train derailment in Matteson, Illinois. No injuries were reported, but a 'white powdery substance' was seen leaking, leading to a mandatory evacuation. The stock is down 0.76% at $117.34.
The derailment and subsequent leak of a 'white powdery substance' have led to a mandatory evacuation, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100