Thursday, December 31, 2009

Bulletin | News Corp. jumps 66% from a year ago, as newspaper publishers pull back from deep lows

[Roller-coaster year from 52-week low of $5.61; bigger view]

Capping a second consecutive year of tumultuous change, stocks of major newspaper publishers today staged a huge comeback from a year ago, with company shares soaring well above broader stock-market averages.

News Corp.'s stock rose 66%, ranking it No. 6 among companies I follow, according to preliminary closing figures moments ago. Shares finished the year at $15.92 -- a huge turnabout from their 52-week low of $5.61. The rankings:
For comparison, here's the performance of major stock-market indexes:
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[Source: Google Finance]

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