
Based in New York, 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 $18.3 billion, the company’s business comprises media, which includes news and information services, sports programming, digital real estate services, book publishing, digital education, and pay-TV distribution.
Shares of this media company have slightly lagged behind the broader market over the past 52 weeks. NWS has gained 17.2% over this time frame, while the broader S&P 500 Index ($SPX) has soared 17.6%. Nonetheless, on a YTD basis, the stock is up 6.2%, outpacing SPX’s 1.7% rise.