Fox Corporation is a Fox Corp represents the assets not sold to Disney by the predecessor firm, Twenty First Century Fox.
Among the biggest risers on the S&P 500 on Thursday February 18 was Fox Corporation ($FOX), popping some 1.3% to a price of $31.06 a share with some 1.02 million shares trading hands.
Starting the day trading at $30.65, Fox Corporation reached an intraday high of $31.25 and hit intraday lows of $30.60. Shares gained $0.4 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 590.54 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $19.13 to $37.73.
Fox Corp represents the assets not sold to Disney by the predecessor firm, Twenty First Century Fox. The remaining assets include Fox News, the FOX broadcast network, FS1 and FS2, Fox Business, Big Ten Network, 28 owned and operated local television stations of which 17 are affiliated with the Fox Network, and the Fox Studios lot. The Murdoch family continues to control the successor firm, which represents a large-scale bet on the value of live sports and news in the U.S. market.
Fox Corporation has its corporate headquarters located in New York, NY and employs 9,000 people. Its market cap has now risen to $18.34 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 1.68, and P/FCF n/a.