Fox Shares Plunge 6.15 as Family Trusts Secondary Offering Surges Volume to Top Ranks

On September 9, 2025, , . , , and James Murdoch. The move, part of a family trust settlement, removed these individuals as beneficiaries and increased market share supply, raising concerns over dilution and signaling a large stake sale by key stakeholders. , with Fox itself neither selling shares nor receiving funds.

The stock’s muted volatility—only five moves exceeding 5% in the past year—underscores today’s drop as a significant reaction. Investors view the secondary offering as a meaningful but non-fundamental event. Earlier this year, , . Political ad revenue and Tubi’s streaming platform expansion, alongside sports broadcasting revenue, highlighted operational strength. Despite the recent sell-off, , .

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