With a market cap of $24.5 billion, Fox Corporation (FOXA) is a leading New York-based media company that operates news, sports, and entertainment programming primarily through its flagship brands: Fox News, Fox Sports, and the Fox broadcast network. It focuses on television broadcasting and cable news, with a strong emphasis on live content such as sports and breaking news.
Shares of the company have significantly outperformed the broader market over the past 52 weeks, climbing 38.6%, while the broader S&P 500 Index ($SPX) has rallied 19.3%. Moreover, FOXA shares are up 12.2% on a YTD basis, compared to SPX’s 8.4% gain.
