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Fox Corporation Class A FOXA - News Analyzed: 6,032 - Last Week: 100 - Last Month: 400

↑ Fox Corporation Class A Achieves All-Time High Amid Major Class B Stock Sale and Key Acquisitions

Fox Corporation Class A Achieves All-Time High Amid Major Class B Stock Sale and Key Acquisitions
Fox Corporation Class A has recently seen a series of significant events. The company announced its secondary offering of Class B common stock, with a major share sale taking place from the Murdoch Family Trusts. Furthermore, Fox Corporation's stock hit an all-time high at $62.69, which has helped attract large investments from various entities, including Livforsakringsbolaget Skandia Omsesidigt and Alliancebernstein L.P., among others. However, Fox Corporation stock did experience some volatility with its share plummeting on a particular day. Still, it rebounded and reached another 52-week high following an analyst upgrade. The company's revenues have been consistently high over several quarters; for example, in the fourth quarter of fiscal 2025, it reported revenues of $3.29 billion and a net income of $719 million. On another note, besides facing a significant defamation lawsuit over 2020 election coverage, Fox also made key acquisitions, such as Caliente TV in Mexico and Red Seat Ventures.

Fox Corporation Class A FOXA News Analytics from Tue, 19 Mar 2019 07:00:00 GMT to Fri, 26 Sep 2025 14:24:22 GMT - Rating 6 - Innovation -4 - Information 8 - Rumor -1

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