Tuesday, May 4, 2010
Stock | NWS pummeled in broad market selloff
News Corp.'s stock recently traded for $17.56 a share, down 82 cents, or 4.5%, as broader markets dived on renewed concerns over the European Union's bailout plan for Greece. NWS's plunge is greater than other market measures: The S&P 500 Index was recently down 2.5%, and the Dow Jones Industrial Average is off 2.2%, or 248 points. The tech-heavy Nasdaq composite has fallen 3.2%.