DJ News Corp Cl A Stock Underperforms Friday When Compared To Competitors
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Shares of News Corp Cl A $(NWSA)$ slid 1.88% to $27.19 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.11% to 5,346.99 and Dow Jones Industrial Average falling 0.22% to 38,798.99.
This was the stock's second consecutive day of losses.
News Corp Cl A closed $0.81 short of its 52-week high ($28.00), which the company achieved on February 8th.
The stock underperformed when compared to some of its competitors Friday, as Alphabet Inc. Cl C $(GOOG)$ fell 1.35% to $175.95, Alphabet Inc. Cl A $(GOOGL)$ fell 1.28% to $174.46, and Amazon.com Inc. $(AMZN)$ fell 0.38% to $184.30.
Trading volume (3.1 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 7, 2024.
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(END) Dow Jones Newswires
June 07, 2024 17:32 ET (21:32 GMT)
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