News Corp. Stock Hits 52-week High
Posted: 9/7/2012 | By: Jill Goldsmith | Variety
News Corp. has hit a new 52-week high in a buoyant market as Wall street
embraces company's upcoming split and shrugs off a U.K. hacking scandal
that has just shaved a million bucks each from Rupert Murdoch's and
James Murdoch's annual bonuses.
The stock jumped 3.3% to $24.69 at its high Thursday, outpacing the market, which reacted gleefully to a press conference by European Central Bank chief Mario Draghi on a new plan to help member countries emerge from crisis.
The stock jumped 3.3% to $24.69 at its high Thursday, outpacing the market, which reacted gleefully to a press conference by European Central Bank chief Mario Draghi on a new plan to help member countries emerge from crisis.