Shares of News Corp Cl A
rallied 2.99% to $26.21 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.52% to 3,909.52 and the Dow Jones Industrial Average
rising 0.62% to 32,619.48. The stock’s rise snapped a three-day losing streak. News Corp Cl A closed $1.47 short of its 52-week high ($27.68), which the company reached on March 19th.
The stock outperformed some of its competitors Thursday, as Walt Disney Co.
rose 1.19% to $186.91, RELX PLC ADR
rose 1.66% to $25.16, and New York Times Co. Cl A
rose 2.53% to $48.27. Trading volume (3.6 M) remained 305,005 below its 50-day average volume of 3.9 M.