Fox Daily Volume Dips 48% to $280M Amid Record Earnings and 500M Buyback Surge

Fox (FOXA) closed August 6, 2025, down 1.26% to $50.74, with a trading volume of $280 million, a 47.52% drop from the previous day. The stock’s 3-year buy-and-hold strategy post-earnings growth quarters has yielded 63.6% returns, outperforming benchmarks by 32.58%.

The company reported Q4 2025 earnings with 124.7% net income growth ($719M) and 130.9% EPS surge ($1.57), driven by political advertising and Super Bowl LIX revenue. Revenue rose 6.3% to $3.29B, with Television ($1.71B) and Cable Networks ($1.53B) as key contributors. CEO Lachlan Murdoch announced a $5B share repurchase boost and emphasized growth in live events and direct-to-consumer platforms.

Post-earnings, the stock fell 5.24% in the latest session. Institutional investors increased stakes, with Jane Street Group LLC and Woodline Partners LP significantly raising holdings. The company also announced a 25% dividend increase, signaling confidence in its financial stability and long-term value creation.

The strategy of purchasing top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to the present, outperforming the benchmark return of 29.18% by 137.53%. This underscores the role of liquidity concentration in short-term stock performance, particularly in volatile markets.