Shares of News Corp Cl A
NWSA,
slipped 1.71% to $21.30 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.43% to 4,500.21 and the Dow Jones Industrial Average
DJIA,
rising 0.25% to 34,583.57. This was the stock’s third consecutive day of losses. News Corp Cl A closed $6.67 below its 52-week high ($27.97), which the company reached on May 10th.
The stock underperformed when compared to some of its competitors Thursday, as Thomson Reuters Corp.
TRI,
rose 0.59% to $108.74, RELX PLC ADR
RELX,
rose 0.85% to $32.19, and New York Times Co. Cl A
NYT,
fell 1.61% to $45.25. Trading volume (2.2 M) remained 819,713 below its 50-day average volume of 3.0 M.
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2022-04-07 21:12:00
