‘New’ News Corp. Trades Up In NY and 2 Other Hot Stocks To Watch

News Corp. (NASDAQ:NWSA): Current price $32.37

Shares of the publishing firm spun off News Corp. are trading up by nearly 1.5 percent on the NASDAQ in late morning, after making their debut in Sydney, which price gave the new company a market value of roughly $8.43 billion, said The Wall Street Journal. The shares are trading in Sydney on a conditional and deferred settlement basis, which means that an investor will not actually own the security until the split formally occurs on June 28th; the shares are trading on a like basis on the NASDAQ.

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