Fox Corp Trading Volume Drops 39.49% to 382nd Rank Despite Strong Earnings and Analyst Upgrades

Generated by AI AgentAinvest Market Brief
Wednesday, May 14, 2025 7:59 pm ET1min read

On May 14, 2025,

(FOXA) experienced a significant decline in trading volume, with a total of $282 million in shares traded, marking a 39.49% decrease from the previous day. This placed Corp. at the 382nd position in terms of trading volume for the day. The stock price of Fox Corp. (FOXA) decreased by 1.09%.

Wells Fargo has increased its price target for Fox Corp. (FOXA) from $58 to $62, maintaining an Overweight rating on the shares following strong quarterly results. This adjustment reflects the firm's confidence in Fox Corp.'s performance and future prospects.

UBS has also raised its price target for Fox Corp. (FOXA) from $61 to $63, keeping a Buy rating on the shares. The increase is attributed to Fox Corp.'s focused news and sports programming, which continues to drive growth and investor interest.

Fox Corp. (FOXA) reported third-quarter fiscal 2025 adjusted earnings per share of $1.10, surpassing the Zacks Consensus Estimate by 18.28%. This strong performance underscores the company's financial health and operational efficiency, contributing to the positive outlook among analysts.

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