Dow Today – News Corp Cl A stock falls Wednesday, underperforms market
Shares of News Corp Cl A
NWSA,
slid 1.48% to $21.36 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.15% to 4,349.93 and Dow Jones Industrial Average
DJIA,
falling 0.38% to 34,168.09. This was the stock’s second consecutive day of losses. News Corp Cl A closed $6.61 below its 52-week high ($27.97), which the company reached on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Thomson Reuters Corp.
TRI,
fell 0.26% to $104.67, RELX PLC ADR
RELX,
fell 0.83% to $29.81, and New York Times Co. Cl A
NYT,
fell 1.52% to $37.68. Trading volume (2.8 M) remained 553,211 below its 50-day average volume of 3.3 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Dow Today – News Corp Cl A stock falls Wednesday, underperforms market
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