News Corp. Stock Hits 52-Week High
It seems you just can’t keep a company under intense scrutiny for invading people’s privacy down. For News Corp., things have never been better, as stocks hit a 52-week high during the first trading session of 2012 on Tuesday. According to The Hollywood Reporter, at market close, Class A shares of News Corp. were at $18.35, the highest they had been since early last spring.
That’s not all. Traders are predicting big things for the company, which now has a market value of about $32 billion. “I
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