Dow Today – News Corp Cl A stock rises Friday, outperforms market
Shares of News Corp Cl A
inched 0.28% higher to $21.76 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.84% to 4,538.43 and Dow Jones Industrial Average
falling 0.17% to 34,580.08. This was the stock’s second consecutive day of gains. News Corp Cl A closed $6.21 below its 52-week high ($27.97), which the company achieved on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Thomson Reuters Corp.
fell 1.42% to $118.97, RELX PLC ADR
fell 0.96% to $31.03, and New York Times Co. Cl A
rose 0.96% to $47.47. Trading volume (2.8 M) remained 406,267 below its 50-day average volume of 3.2 M.