Shares of News Corp Cl A
slipped 2.72% to $22.15 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 1.57% to 4,530.41 and Dow Jones Industrial Average
falling 1.56% to 34,678.35. This was the stock’s second consecutive day of losses. News Corp Cl A closed $5.82 below its 52-week high ($27.97), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Thursday, as Thomson Reuters Corp.
fell 0.23% to $108.85, RELX PLC ADR
fell 0.35% to $31.10, and New York Times Co. Cl A
fell 1.99% to $45.84. Trading volume (2.7 M) remained 419,381 below its 50-day average volume of 3.1 M.
Dow Today – News Corp Cl A stock underperforms Thursday when compared to competitors