Why News Corp Surged Higher Today

The share price of News Corp. (NASDAQ: NWSA) was up on Tuesday on a day that was otherwise a dreary one for the market. News Corp was fueled by a strong earnings report, released at the close of the market on Monday. News Corp is a media company with five different business lines, including news media (The Wall Street Journal, Barronʻs, New York Post, among others); book publishing (HarperCollins); digital real estate services (Realtor.com); Dow Jones & Co.; and subscription video services.