News Corporation's stocks have been underperforming, however, there have been some rises. Interestingly, a $1 billion stock buy-back plan has been in the works. Controversy arises as activist group Starboard has proposed the corporation to remove its dual-class shares. In the midst of this, News Corp is considering selling its Australian pay TV and streaming unit. Meanwhile, Goldman Sachs has vouched News Corp as a potential long-term AI stock set to rally. Q1 earnings have also been unpacked and studied relative to other media stocks. Moreover, some executives have been reported to be selling their News Corp stocks. The company has been continuing its $1 billion stock repurchase program despite the ongoing challenges. Multiple headlines point towards the involvement of the Murdoch family and their control over the News Corporation.
News Corporation Stocks News Analytics from Thu, 21 Sep 2023 07:00:00 GMT to Fri, 04 Oct 2024 21:16:00 GMT -
Rating -2
- Innovation 2
- Information 8
- Rumor -1
