Last week, CSX Corporation (NASDAQ: CSX) fell 5% in one day when CEO Hunter Harrison announced not only his plans to leave the company but also some serious doubts about the company’s future.
On this episode of Industry Focus: Energy, analysts Taylor Muckerman and Sean O’Reilly explain what has Harrison so disillusioned with CSX’s prospects, and whether or not the rest of the railway sector should be worried, too.