Dow Today – News Corp Cl A stock rises Monday, still underperforms market
Shares of News Corp Cl A
rose 1.12% to $22.58 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 1.38% to 4,791.19 and the Dow Jones Industrial Average
rising 0.98% to 36,302.38. This was the stock’s fourth consecutive day of gains. News Corp Cl A closed $5.39 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.
rose 1.39% to $118.48, RELX PLC ADR
rose 1.10% to $32.22, and New York Times Co. Cl A
rose 0.55% to $47.64. Trading volume (3.0 M) remained 368,362 below its 50-day average volume of 3.4 M.