With a market cap of $19 billion, News Corporation (NWS) is a global, diversified media and information services company that creates and distributes authoritative content, products, and services across information services and news, digital real estate, and book publishing. It operates primarily across the United States, Australia, and the United Kingdom, with its content and services reaching audiences worldwide.
Shares of the New York-based company have underperformed the broader market over the past 52 weeks. NWS stock has risen 1.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 18.7%. However, shares of the company are up 18.6% on a YTD basis, outpacing SPX’s 12.2% return.
