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The Yahoo Finance Live team discusses the rise of News Corp stock on Q3 earnings beat after using cost-cutting measures.
Video Transcript
BRAD SMITH: Now let's also talk about News Corp this morning. News Corp getting a boost after the company used cost-cutting measures to lead to a profit beat for the third quarter. And so our total subscribers for its consumer products crossed 5 million there for News Corp. You're taking a look at shares up by about 7.7% here this morning.
JULIE HYMAN: Yeah...
>>> Read more: News Corp stock rises on Q3 earnings beat
Video Transcript
BRAD SMITH: Now let's also talk about News Corp this morning. News Corp getting a boost after the company used cost-cutting measures to lead to a profit beat for the third quarter. And so our total subscribers for its consumer products crossed 5 million there for News Corp. You're taking a look at shares up by about 7.7% here this morning.
JULIE HYMAN: Yeah...
>>> Read more: News Corp stock rises on Q3 earnings beat