Market Movers

Fox Corporation’s Stock Price Skyrockets to $36.19, Marking a Robust 6.32% Increase

Fox Corporation (FOX)

36.19 USD +2.15 (+6.32%) Volume: 1.65M

Fox Corporation’s stock price currently stands at 36.19 USD, showcasing a robust trading session with a surge of +6.32%, backed by a high trading volume of 1.65M. Marking a remarkable YTD performance, the stock has seen a significant appreciation of +30.89%, highlighting the strong market sentiment for FOX.


Latest developments on Fox Corporation

Recent events have caused fluctuations in Fox stock prices today. A Pakistani man with ties to Iran was charged in a foiled assassination plot potentially targeting Trump, leading to increased geopolitical tensions. Additionally, a Fox News host criticized Trump’s handling of the markets, causing uncertainty among investors. The Italian restaurant chain filing for bankruptcy and Debby’s destructive path through the Southeast added to market volatility. False claims spread by Fox News shows and Trump’s debate preferences with Harris on Fox News also impacted stock movements. Despite a rise in revenue, Fox saw a slip in profits, reflecting the market’s response to ongoing political and natural disasters. Overall, these events have contributed to the stock price movements of Fox today.


A look at Fox Corporation Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at Fox Corporation’s long-term outlook using the Smartkarma Smart Scores, the company seems to be in a good position. With a high Momentum score of 5, Fox is showing strong positive price trends and investor sentiment. Additionally, the Value score of 4 indicates that the company is considered undervalued compared to its peers. This suggests that Fox may be a good investment opportunity for those looking for value in the entertainment sector.

While Fox’s Dividend, Growth, and Resilience scores are not as high as its Momentum and Value scores, they still indicate positive aspects of the company’s outlook. A Dividend score of 3 suggests that Fox offers a decent dividend yield to its investors. The Growth and Resilience scores of 3 each show that Fox is expected to have moderate growth potential and is relatively stable in the face of economic challenges. Overall, Fox Corporation’s Smart Scores paint a picture of a company with strong momentum and value, making it a potentially attractive investment choice in the entertainment industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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