Tariffs are an uncertainty but not a worry, railroad operator Norfolk Southern says
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Norfolk Southern shares rebounded after the company alleviated concerns about potential tariffs, which had previously led to a selloff.
January 29, 2025 | 11:00 pm
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Norfolk Southern's stock price rebounded after the company addressed concerns about potential tariffs, which had previously caused a selloff.
The news directly impacts Norfolk Southern as it addresses investor concerns about tariffs, leading to a recovery in its stock price. The company's reassurance likely restored investor confidence, resulting in a positive short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100