New York-based News Corporation (NWS) is a media and information services company that creates and distributes authoritative and engaging content, and other products and services for consumers and businesses. Valued at a market cap. of $14.5 billion, the company operates through Digital Real Estate Services, Dow Jones, Book Publishing, News Media, and Other segments.
Shares of NWS have lagged behind the broader market over the past 52 weeks. NWS stock has declined 19.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 12.6%. Moreover, shares of the company are down 10.4% on a YTD basis, compared to SPX’s marginal gain.
