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A dark plume of smoke rises from a train derailment in East Palestine, Ohio, that leaked toxic chemicals.
A dark plume of smoke rises from a train derailment in East Palestine, Ohio, that leaked toxic chemicals.

AP

  • Shares of Norfolk Southern have erased $5 billion in market value since the Ohio train derailment.
  • On February 3, a Norfolk Southern train derailment released toxic chemicals in the community of East Palestine, Ohio.
  • JPMorgan estimated Norfolk Southern will face costs related to the train derailment of as much as $50 million.

A Norfolk Southern train derailment that released toxic chemicals into the community of East Palestine, Ohio, has led to a steep sell-off in the railroad company's stock price.

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Markets, MI Exclusive, Stock Market, Norfolk Southern, Train Derailment, Ohio train derailment, Mover, Trading, finance
Source
Norfolk Southern has erased $5 billion in market value since the Ohio train der…