DIS Stock – News Corp Cl A stock falls Monday, underperforms market
Shares of News Corp Cl A
slid 2.70% to $25.03 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.30% to 33,171.37 and the S&P 500 Index
falling 0.09% to 3,971.09. This was the stock’s second consecutive day of losses. News Corp Cl A closed $2.65 short of its 52-week high ($27.68), which the company achieved on March 19th.
The stock underperformed when compared to some of its competitors Monday, as Walt Disney Co.
fell 0.58% to $184.85, RELX PLC ADR
rose 0.64% to $25.32, and New York Times Co. Cl A
rose 0.45% to $49.06. Trading volume (4.3 M) eclipsed its 50-day average volume of 4.0 M.