With a market cap of $16.1 billion, News Corporation (NWSA) is a global, diversified media and information services company, operating across the United States, Canada, Europe, Australasia, and beyond. Its five segments: Digital Real Estate Services; Dow Jones, Book Publishing; News Media; and Other, span leading brands, platforms, and properties in news, entertainment, publishing, and digital marketplaces.
Shares of the New York-based company have underperformed the broader market over the past 52 weeks. NWSA stock has gained 4.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 19.3%. Moreover, shares of News Corporation are up 3.1% on a YTD basis, compared to SPX’s 8.4% rise.
