[Note: News Corp Fiscal Year Ends in June] After a 15% decline over the last year, at the current price of around $19 per share, we believe News Corp stock (NASDAQ: NWSA), a global, diversified media and information services company, is fairly priced. NWSA stock fell from around $23 to $19 over the last year, in line with the broader indices, with the S&P also falling about 15% over the same period. NWSA expects higher costs due to the supply chain and inflationary pressures going forward.