Dow Today – News Corp Cl A stock outperforms competitors despite losses on the day
Shares of News Corp Cl A
shed 1.20% to $22.23 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.14% to 4,670.29 and Dow Jones Industrial Average
falling 0.45% to 36,068.87. This was the stock’s second consecutive day of losses. News Corp Cl A closed $5.74 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 Monday, as Thomson Reuters Corp.
fell 1.48% to $110.99, RELX PLC ADR
fell 1.16% to $29.75, and New York Times Co. Cl A
fell 0.49% to $42.50. Trading volume (3.1 M) remained 405,210 below its 50-day average volume of 3.5 M.