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Why News Corp. Stock Jumped Friday


Shares of media giant News Corp. (NASDAQ: NWS) (NASDAQ: NWSA) jumped sharply on Friday. Both tickers were up about 13% as of 1:05 p.m. EDT.

The stock's gain follows the company's better-than-expected fiscal third-quarter bottom line.

Image source: Getty Images.

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Source Fool.com

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