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Is News Corp (NWSA) Fairly Priced After Realtor.com FlyAround Product Launch?
If you are wondering whether News is genuinely good value at its recent price, it helps to start by comparing what the share price has done with how the company is being assessed on valuation. News shares recently closed at US$26.79, with returns of 1.4% over 7 days, 2.8% over 30 days, 2.3% year to date, and a 2.1% decline over 1 year, while the 3 year and 5 year returns sit at 45.7% and 46.6% respectively. Recent coverage has focused on how investors are reassessing large media groups in...
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