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Omaha, Nebraska-based Union Pacific Corporation (UNP), through its subsidiary, Union Pacific Railroad Company, operates in the railroad business. Valued at $149.2 billion by market cap, it connects 23 states in the western two-thirds of the U.S. by rail, providing a critical link in the global supply chain, hauling a variety of goods, including agricultural, automotive, and chemical products.
Shares of this leading class 1 railroad company have underperformed the broader market considerably over the past year. UNP has gained 8.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 26.1%. In 2024, UNP stock is down marginally, while SPX is up 16.5% on a YTD basis.