Shares of News Corp Cl A
rallied 1.19% to $24.61 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.82% to 4,358.69 and the Dow Jones Industrial Average
rising 0.83% to 34,798.00. This was the stock’s second consecutive day of gains. News Corp Cl A closed $3.36 short of its 52-week high ($27.97), which the company reached on May 10th.
The stock outperformed some of its competitors Wednesday, as Thomson Reuters Corp.
rose 1.00% to $103.65, RELX PLC ADR
rose 0.32% to $28.09, and New York Times Co. Cl A
fell 0.43% to $42.10. Trading volume (1.6 M) remained 1.1 million below its 50-day average volume of 2.8 M.