New York-based News Corporation (NWS) is a global media and information services company with operations spanning news publishing, digital real estate services, book publishing, and subscription-based content businesses. Valued at a market cap. of $16.2 billion, the company owns a diversified portfolio of media brands and digital platforms across the U.S., Australia, and the U.K.
Shares of NWS have lagged behind the broader market over the past 52 weeks. NWS stock has declined 7.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 27.9%. Moreover, shares of the company are up marginally on a YTD basis, compared to SPX’s 9.2% gain.
