Walt Disney, News Corp. Stocks Hit 52-Week Highs
CBS Corp. and Comcast also added to their new highs from Monday during the trading session.
NEW YORK i- The stocks of the Walt Disney Co. and Rupert Murdoch's News Corp. hit 52-week highs on Tuesday, a day after CBS Corp. and Comcast shares had set such highs.
Disney's high of $44.50 came during the trading session, but the stock closed down 0.5 percent at $44.15 amid a decline in the broader market late in the day. The closing price gave the company, led by CEO Robert Iger, a market capitalization of $79.1 billion, according to Bloomberg. Its 52-week low in October saw it bottom out at $28.19.
Meanwhile, News Corp.'s Class A stock hit its latest 52-week high of $20.40 before closing up 0.3 percent at $20.25.
The entertainment conglomerate's stock had hit a 52-week low of $13.38 in early August after the phone-hacking scandal erupted again. However, News Corp. shares have recovered in recent months.
CBS Corp. went as high as $32.61 on Tuesday to improve on Monday and set a 52-week high for a second day in a row. Comcast also went as high as $30.41 for a new high before closing down slightly.
- 'Lindsay' Recap: Lohan Attempts Career Comeback With Self-Proclaimed 'New Chapter'
- 'How I Met Your Mother': Cristin Milioti Debunks Morbid Finale Theory (Video)'
- Josh Duhamel to Co-Star in Vince Gilligan's 'Battle Creek'
- A Train, a Trestle and 60 Seconds to Escape: How 'Midnight Rider' Victim Sarah Jones Lost Her Life
- 'Divergent' Star Shailene Woodley: The Next Jennifer Lawrence?
- MOST SHARED
- MOST POPULAR
- Joe McGinniss Dead: 'Fatal Vision' Author Dies At 71
- Shakira Reveals Why Music Videos With Men Are 'Out Of the Question'
- Even Juan Pablo Thinks This Season Of 'The Bachelor' Has Been A Soap Opera