The Fox Corporation Class A (FOXA) has been the subject of numerous updates and market activities. Major highlights include the company's Q3 earnings report, with analysts predicting a target price of $33.40. The company has recently reported revenues for the first, second, third and fourth quarters of fiscal 2024, with revenue of $4.23 billion and near income of $115 million in the second quarter. Fox Corporation also saw a significant increase in shares purchased by LSV Asset Management and new investments made by Todd Asset Management LLC.
On the flip side, the exit of Tucker Carlson led to a drop in the company's market value by $962 million. Despite this setback, Fox Corporation announced the formation of Tubi Media Group and successfully negotiated a nationwide agreement with Sinclair. At the same time, it faced potential merger issues with News Corp, which met resistance from significant shareholders. Finally, the company unveiled the 'FOX Future' Studio Lot Project and announced the appointment of Stephen Potenza as the Deputy General Counsel of Fox News Media.
Fox Corporation Class A FOXA News Analytics from Fri, 28 Jun 2013 07:00:00 GMT to Tue, 07 May 2024 07:48:38 GMT - Rating 4 - Innovation -3 - Information 7 - Rumor -6
