
Shares of media giant Fox Corporation (FOX -1.89%) (FOXA -1.35%) were falling today as investors processed more bad news stemming from the coronavirus pandemic. The broader stock market was reeling from the latest unemployment figures released today, and Fox's stock took a hit along with it.
Full Answer
What stocks are down now?
Oct 01, 2020 · FOXBusiness. Volatility whacked U.S. stocks after President Donald Trump disclosed that he tested positive for COVID-19. Stocks attempted to curb losses during the choppy session but ultimately ...
Why is the NASDAQ still falling on Monday?
Apr 07, 2022 · nbcnews.com - January 27 at 5:28 PM. ‘Antiwork’ Reddit forum temporarily shuts down due to ‘brigading’ attack that followed fiery Fox News interview - Fortune. fortune.com - January 27 at 2:27 AM. FOX (NASDAQ:FOX) Stock Price Up 2.7%. americanbankingnews.com - January 24 at 1:54 PM.
Why are NASDAQ stocks down?
May 11, 2022 · FOX | Complete Fox Corp. Cl B stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
How are the markets doing this morning?
Fox News outages reported in the last 24 hours. This chart shows a view of problem reports submitted in the past 24 hours compared to the typical volume of reports by time of day. It is common for some problems to be reported throughout the day. Downdetector only reports an incident when the number of problem reports is significantly higher ...
What's causing stocks to go down?
Why has my market suddenly crashed?
What happend to share market today?
What stocks are going down right now?
Symbol | Name | % Change |
---|---|---|
TWTR | Twitter, Inc. | -10.17% |
MCW | Mister Car Wash, Inc. | -6.91% |
NEWR | New Relic, Inc. | -4.99% |
WHITF | Whitehaven Coal Limited | -4.64% |
Who profited from the stock market crash of 1929?
How does a stock market crash affect me?
Will stocks recover?
Nobody knows for certain how the stock market will perform in the coming weeks. Some experts predict it could be months before the market begins to recover, and until then, stock prices could continue to sink. That said, it's impossible to know exactly what will happen.1 day ago
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Company | Price | % Change |
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UAA Under Armour Inc | 10.22 | +2.45% |
PHM Pultegroup Inc | 41.47 | +2.42% |
LEN Lennar Corp | 72.95 | +2.31% |
ROK Rockwell Automation Inc | 203.44 | +2.23% |
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What happened
Shares of media giant Fox Corporation ( FOX -0.34% ) ( FOXA -0.73% ) were falling today as investors processed more bad news stemming from the coronavirus pandemic. The broader stock market was reeling from the latest unemployment figures released today, and Fox's stock took a hit along with it.
So what
Fox's shares, like many other companies', have been volatile over the past two months. The company's stock price is down nearly 19% since the beginning of March, far more than the broader S&P 500's 6% dip.
NASDAQ: FOXA
Fox Corporation's share price drop today likely stems from the latest U.S. jobless claims figures released this morning, which showed that an additional 3.8 million workers filed for unemployment benefits. This brings the total number of unemployment claims to 30 million over the past six weeks.
Now what
Investors can likely expect more volatility from Fox's stock over the coming weeks. The company will report its third-quarter 2020 results on May 6 and said in an SEC filing at the end of March that the COVID-19 pandemic will have a "material adverse effect" on the company's financial results.
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