News Corp Loses $8 Billion in Market CapJuly 19, 2011 3:44 am
We spotted this today:
“Shares of News Corp. slid to a six-month low Monday as a cell phone hacking scandal continued to engulf Rupert Murdoch’s media empire.
Shares closed down 4.32% to $14.97 Monday, and the company has lost more than $8 billion in market capitalization since July 5.”
Statistics Source: CNN Money