CSX Joins Nasdaq-100 Index

CSX-NS-Hagerstown-Maryland-11-7-2015 (75)

A CSX GP30 Slug unit rests in CSX’s Hagerstown (formerly Western Maryland’s Jamison) Yard.

JACKSONVILLE, Fla., — February 22, 2016 – This morning as of market open, CSX (Nasdaq: CSX) became a component of the Nasdaq-100 Index® (Nasdaq:NDX), the world’s preeminent large-cap growth index. The Nasdaq-100 Index is composed of the 100 largest non-financial stocks listed on the Nasdaq Stock Market based on market capitalization.

“We are pleased to join the influential and successful group of companies that make up the Nasdaq-100 Index,” said Frank Lonegro, executive vice president and chief financial officer. “Inclusion on the Nasdaq-100 Index reflects CSX’s strong track record of delivering shareholder value despite challenging business conditions.”

CSX currently has a market capitalization of approximately $25 billion. Launched in 1985, the Nasdaq-100 Index now represents more than $5 trillion in market capitalization and includes industry-leading companies in a variety of sectors from science and technology to retail and transportation.

CSX Joins Nasdaq-100 Index

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Author:Railfan AC

AC is a U.S. Air Force Veteran, a long haul trucker, a transportation enthusiast and a lifelong lover of trains. AC's mission is to travel America documenting American railroading in the 21st century while educating those who want to know about the importance the railroads play in our daily lives including, but not limited to, the movement of goods, services and more.

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