The stock price gained after it reported upbeat Q1 results in late April, but it has corrected over the recent weeks with rising concerns over deteriorating economic growth. CSX has also benefited from its acquisition of Quality Carriers – a trucking company focused on bulk liquid chemicals transportation – in 2021, bolstering revenue growth in the recent past. That said, fears of a potential recession and its impact on the railroad business means it may take a while for CSX stock to reach its pre-inflation shock highs of over $38.