FOX Corporation announces a secondary offering of Class B common stock following a raise in price target to $80.00 at Bank of America, yet FOXA shares plunge. Notably, the FOX CFO sells $9.2m in class A stock while Marshall Wace LLP buys 185,859 shares. The Murdoch family trusts are set to sell 16.8 million shares of Fox Corp. In their Q4 fiscal 2025, FOX reported revenues of $3.29 billion, net income of $719 million, and adjusted EBITDA of $939 million. FOX's share price hits new all-time highs repeatedly, despite the news that Fox's trusts have sold shares worth $2.06 billion. Following an exclusive Tubi deal for Crime Junkie Content, analysts consider the bull case for FOX to change. An impressive $800 million in gross advertising revenue was generated from SUPER BOWL LIX on FOX and Tubi. The company settles the Murdoch trust dispute, restructuring holdings, and Rupert Murdoch sells Fox shares worth $11.13 million. However, the company experienced some decrease in market value following the announcement of Tucker Carlson leaving the Network. Finally, Disney completes its acquisition of 21st Century Fox; a deal effective the next morning.
Fox Corporation Class A FOXA News Analytics from Thu, 04 Jun 2015 17:56:31 GMT to Fri, 19 Dec 2025 13:12:31 GMT -
Rating 7
- Innovation 1
- Information -1
- Rumor -4
