Shares of News Corp Cl A
NWSA,
slumped 0.63% to $22.00 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.04% to 4,461.18 and Dow Jones Industrial Average
DJIA,
falling 0.58% to 34,552.99. This was the stock’s second consecutive day of losses. News Corp Cl A closed $5.97 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 Monday, as Thomson Reuters Corp.
TRI,
fell 0.69% to $107.75, RELX PLC ADR
RELX,
fell 0.43% to $30.39, and New York Times Co. Cl A
NYT,
fell 1.38% to $44.39. Trading volume (1.7 M) remained 1.5 million below its 50-day average volume of 3.3 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Read More: News Corp Cl A stock outperforms competitors despite losses on the day