News Wire: Jim Vena: Union Pacific's $9 billion-man

[Brian Schmidt]

Railroad's stock price soars after announcement about Precision Scheduled Railroading-veteran's hire

http://trn.trains.com/news/news-wire/2019/01/09-union-pacific-stock-soards-as-investors-cheer-chief-operating-officer-pick

[Murphy Siding]

Somebody help me with the math please. The article shows the price per share went up $15.11 in a day (150.76 ending – 138.65 starting), and that $15.11 represents an 8.7% gain, and a  $9 billion increase in the total stock value of UP. If I take $9,000,000,000 divided by 8.7%, I come up with the total stock of UP being $103,448,275,870.00. Is UP a $103 billion company?

[CMStPnP]

Still bullish on UP and their stock has more room to climb.

[Backshop]

Market cap of UNP is currently $110 billion.

[Ulrich]

Sounds about right.. a little less than twice CN's current market cap.. 

[CShaveRR]

As of today, it's $106.1B.  I hope it holds up for when I have to draw on my 401K.  I have no idea how many shares I have in there, but it's got to be worth something.

[samfp1943]

CShaveRR

As of today, it's $106.1B.  I hope it holds up for when I have to draw on my 401K.  I have no idea how many shares I have in there, but it's got to be worth something.

  to add a note to what Norris said: "... ( Murphy Siding) on Thursday, January 10, 2019 12:45 PM..

Somebody help me with the math please. The article shows the price per share went up $15.11 in a day (150.76 ending – 138.65 starting), and that $15.11 represents an 8.7% gain, and a  $9 billion increase in the total stock value of UP. If I take $9,000,000,000 divided by 8.7%, I come up with the total stock of UP being $103,448,275,870.00. Is UP a $103 billion company?.."

Carl: Not sure I'd be able to hang on...Since I'm (and you, as well, are retired). I'd probably take the money and run... 'That Bird-in-Hand thingy'.

[rdamon]

If you look at the Market Cap on this page its show them at $110.78B

https://www.marketwatch.com/investing/stock/unp