After gains yesterday of more than $20 a share, the price of Dow Jones stock (Symbol: DJ) has fallen about 0.36 percent today. Early today, the losses were well over 1 percent, but that could have just been a reaction to Rupert Murdoch’s announcement yesterday.
As something of a non sequitur, here are excerpts from some of today’s editorials around the Web about the News Corp. bid.
I wonder if the price will level off fully or if it will stay around $55 a share. Perhaps Wall Street investors are wondering what Murdoch knows that they don’t.