Why Canadian National Railway's Stock Is Trading Higher Today

Canadian National Railway 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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