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Stockholders suing CSX BoD over EHH hiring

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  • Member since
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  • From: Texas
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Posted by PJS1 on Thursday, December 20, 2018 4:31 PM

blue streak 1
.......being that they could have sold their stock.  

Yes if they had known about his health ~ 

Harrison became CEO of CSX on March 7, 2017, and he died on December 16, 2017.  During the period that he was at the helm of CSX the price of the company’s common stock increased 18.8% compared to 12.5% for the S&P 500 Index. 

From the opening of trading in January 2017 through yesterday the price of CSX common stock increased 83.1% compared to 16.5% for the S&P 500.

If the CSX shareholders had sold their stock upon Harrisons death or beforehand, they would have missed considerable upside potential.  Even with the current downturn turn in the market's trends, CSX's shareholders are ahead of the game compared to the S&P 500 Index. 

Rio Grande Valley, CFI,CFII

  • Member since
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Posted by blue streak 1 on Thursday, December 20, 2018 4:04 PM

CSSHEGEWISCH

Shareholder suits in matters such as these don't usually go too far, the argument being that they could have sold their stock. 

Yes if they had known about his health ~

  • Member since
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  • From: Henrico, VA
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Posted by Firelock76 on Thursday, December 20, 2018 10:17 AM

At any rate, Hunter's beyond caring about it at this point.

  • Member since
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  • From: Burbank IL (near Clearing)
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Posted by CSSHEGEWISCH on Thursday, December 20, 2018 10:12 AM

Shareholder suits in matters such as these don't usually go too far, the argument being that they could have sold their stock.

The daily commute is part of everyday life but I get two rides a day out of it. Paul
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Stockholders suing CSX BoD over EHH hiring
Posted by BaltACD on Wednesday, December 19, 2018 8:02 PM

Never too old to have a happy childhood!

              

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