News Corporation traded at $30.38 this Friday August 21st, increasing $0.73 or 2.46 percent since the previous trading session. Looking back, over the last four weeks, News Corporation Class A gained 11.12 percent. Over the last 12 months, its price fell by 0.39 percent. Looking ahead, we forecast News Corporation to be priced at 29.73 by the end of this quarter and at 27.86 in one year, according to Trading Economics global macro models projections and analysts expectations.
News Corporation is a diversified media and information services company. Its Digital Real Estate Services segment consists of the Company’s interest in REA Group and Move. REA Group is a digital media business specializing in property and property-related services on its Websites and mobile apps. Move is a provider of digital real estate services in the United States and primarily operates a real estate information, advertising and services platform, as well as its referral-based services, online tools and services to do-it-yourself landlords and tenants. Its Dow Jones segment consists of Dow Jones, a global provider of news and business information, which distributes its content and data through a variety of media channels. Its Book Publishing segment consists of HarperCollins, a consumer book publisher with operations in 15 countries. Its News Media segment consists of News Corp Australia, News UK and the New York Post and includes The Australian, The Daily Telegraph, among others.