Valued at a market cap of $27.6 billion, Fox Corporation (FOXA) is a major U.S. media and entertainment company focused on television broadcasting, cable news, sports programming, and digital media. Headquartered in New York City, the company operates major brands including Fox News Media, Fox Sports, the Fox broadcast network, and the ad-supported streaming platform Tubi.
This entertainment company has underperformed the broader market over the past 52 weeks. Shares of FOXA have rallied 16.9% over this time frame, while the broader S&P 500 Index ($SPX) has gained 25.2%. Moreover, on a YTD basis, the stock is down 11.3%, lagging behind SPX’s 8.3% YTD rise.
