News Corp Shares Edge Lower Ahead of Long Weekend as Buyback Gets Attention Again
News Corp Class A shares lost 1.41% on Friday, pulling back into the Memorial Day weekend. The move came as most stocks rose, and left traders questioning the company’s buyback and the stock’s run after earnings. Nasdaq and the New York Stock Exchange are closed Monday for Memorial Day. That means investors won’t be able to trade the stock until Tuesday. It comes after a week where the stock bounced between gains and losses and ended up about where it started.