US Stock Market Move | United The Pacific (UNP.US) rose more than 5% and its Q2 performance exceeded expectations.
On Thursday, Union Pacific (UNP.US) rose more than 5% to $308.75.
On Thursday, shares of Union Pacific (UNP.US) rose more than 5%, reaching $308.75. In terms of news, the railway operator Union Pacific announced its second quarter performance, with revenue reaching $6.9 billion, a 12% increase compared to the previous year and surpassing the market's expectation of $6.65 billion. Adjusted earnings per share were $3.41, also exceeding the market's expectation of $3.19. Freight revenue, excluding fuel surcharges, increased by 4% year-on-year, mainly due to growth in freight volume, core pricing improvements, and other income increases, partially offset by changes in business structure.
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