Fox Corporation (FOXA) Dips 3.11% for June 24

Equities Staff  |

Among the S&P 500’s biggest fallers on Wednesday June 24 was Fox Corporation (FOXA). The stock experienced a 3.11% decline to $27.38 with 4.96 million shares changing hands.

Fox Corporation started at an opening price of 27.95 and hit a high of $28.08 and a low of $26.90. Ultimately, the stock took a hit and finished the day at $0.88 per share. Fox Corporation trades an average of n/a shares a day out of a total 603.72 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Fox Corporation hit a high of $39.74 and a low of $19.81 over the last year.

Fox 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.

With its headquarters located in New York, NY, Fox Corporation employs 7,700 people. After today’s trading, the company’s market cap has fallen to $16.53 billion, a P/S of n/a, a P/B of 1.64, and a P/FCF of n/a.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Fox Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: FOXA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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