NWS news corporation..

Ann: FY2021 Fourth Quarter Earnings Release, page-6

  1. 4,859 Posts.
    lightbulb Created with Sketch. 541
    Hi,
    I am still trying to understand the reasons for the share price weakness since the company published.
    One reason I could find so far : the weakness of both REA and Zillow share prices.
    The 3 companies published the same day (Aug 6).

    Share price performance of the 3 shares (since Aug 5) :
    . NWS : - 3.8 %,
    . REA : - 10.5 %,
    . Zillow : - 10 %.

    I need to have a look at both REA and Zillow to better understand their share price weakness.
    Difficult to think that lockdowns in Australia can explain such a correction for REA, while the stock has rarely been valued based on short term results.
 
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