Canadian National Railway (NYSE:CNI) shares are trading higher after Kansas City Southern announced it will terminate the merger proposal between the two companies.
Canadian National Railway’s stock has been rising Wednesday, up 2.34% to a price of $117.58. The stock’s volume is currently 4.43 million, which is roughly 158.79% of its recent 30-day volume average of 2.79 million.
The moving average price of the stock over the past 50 days was $109.42 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $128.41 and as low as $98.69.
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