Multiple stories have emerged regarding News Corp. (NWSA). To begin with, the company has received attention due to its billon-dollar stock repurchase program, with several updates indicating its progress. Additionally, News Corp has been trading in a flat pattern despite numerous updates, sometimes underperforming the market. This is in spite of it being ranked as a top growth stock.
Notably, there has been a concerted effort from shareholder Starboard to remove News Corp's dual-class share structure. Despite this, the Murdoch family successfully retained majority control as the proposal to end the dual-class voting structure was rejected. Lastly, there has also been news about the sale of Foxtel to DAZN for $2.1 billion, and the CFO stepping down after a 140% stock surge. Various earnings reports and analyst ratings have also come in, sparking more discussion about the performance of News Corporation stocks.
News Corporation Stocks News Analytics from Thu, 08 Feb 2024 08:00:00 GMT to Fri, 03 Jan 2025 22:18:00 GMT - Rating 5 - Innovation -4 - Information 8 - Rumor -3
