Two local railroad companies have seen their stock prices fall as the industry sector slides overall.
CSX Corp.’s stock has dropped about 8 and a half percent over the past week. On Monday , it fell almost three percent from the opening bell, closing at 26.03.
The fall comes as the railroad sector has generally weakened. On Friday, a Bank of America analyst downgraded CSX and Genesse & Wyoming, which has its operations headquarters in Jacksonville.
Genesee & Wyoming’s price per share dropped from almost $70 last Tuesday to $58.89 at Monday’s close.