Fox Corporation (FOX) is a leading American mass-media company that operates in television broadcasting, news, sports, and streaming. Headquartered in New York, the company was formed in 2019 after the spin-off of 21st Century Fox’s broadcasting assets. Fox Corporation has a market capitalization of around $27.4 billion.
Shares of Fox Corporation have significantly outperformed the broader market. Over the past 52 weeks, FOX stock has surged 34.8%, while the broader S&P 500 Index ($SPX) has rallied 12.3%. Moreover, the stock is up 27.4% on a year-to-date (YTD) basis, compared to SPX’s 12.9% gain.
