Despite its underperformance relative to the S&P 500, Fox Corporation's stock has seen significant activity. The company was involved in multiple trades conducted by asset management firms, including Center For Asset Management LLC, Advisor Resource Council, and Sagespring Wealth Partners LLC, among others. Furthermore, Fox completed an acquisition of Caliente TV, bolstering its sports content with rights to major events such as UEFA and Premier League matches.
Ritholtz Wealth Management has increased its position in the company, in contrast to entities like Retirement Systems of Alabama and Mn Services Vermogensbeheer B.V. which sold their shares. Simultaneously, options traders are speculating on a potential substantial shift in the stock price. Despite the ongoing inflation challenges, experts recommend investing in Fox alongside other discretionary stocks.
On the earnings front, Fox performed better than expected, surpassing Q3 earnings and revenue estimates. The company's financial results have sparked interest among analysts forecasting the company's future performance. The corporation has expanded its portfolio with Caliente TV in Latin America and plans to disclose its Q2 2025 earnings report soon.
Fox Corporation Stocks News Analytics from Tue, 06 Aug 2024 07:00:00 GMT to Sat, 21 Jun 2025 11:52:58 GMT - Rating 6 - Innovation 2 - Information 8 - Rumor -3
