Fox Corp.'s ‘insanely simple’ bet on sports wagering [Toronto Globe and Mail (Ontario, Canada)]
Fox Corporation - Class B (FOX)
Last fox corporation - class b earnings: 5/10 04:03 pm
Check Earnings Report
US:NASDAQ Investor Relations:
21cf.com/investor-relations
Company Research
Source: Toronto Globe and Mail
Fox Corp.'s ‘insanely simple’ bet on sports wagering Rupert Murdoch unveiled his vision of the future of entertainment this week, and it was tied to the potential of Canada’s largest online gambling company. In what the 88-year-old media mogul described as a strategic “pivot” for Fox Corp., the global media company, Mr. Murdoch announced a U.S. sports wagering platform called Fox Bet on Thursday in partnership with Toronto-based Stars Group Inc., best known as owner of the PokerStars website. Fox spent US$236-million for a 5-per-cent stake in Stars Group, Mr. Murdoch’s first significant move after selling his Hollywood studios and TV stations to Walt Disney Co. for US$71-billion. The deal, unveiled as the centrepiece of a Fox investor day, signals how Mr. Murdoch expects audiences to interact with sports in the future. The investment also establishes Stars Group – formerly known as Amaya Inc. – as a leading player in North American sports wagering. Stars Group’s stock price jumped 14
Show less
Read more
Impact Snapshot
Event Time:
FOX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FOX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FOX alerts
High impacting Fox Corporation - Class B news events
Weekly update
A roundup of the hottest topics
FOX
News
- Goldman's buybacks basket: Buyback growth will be 13% in 2024 [Seeking Alpha]Seeking Alpha
- OutKick Continues to See Growth in Q1 of 2024Business Wire
- FOX News Digital Marks Twelve Consecutive Quarters Leading News Brands With Multiplatform MinutesBusiness Wire
- New constituents of Goldman Sachs' ROE growth basket [Seeking Alpha]Seeking Alpha
- Column: Just deserts or sour grapes? What's next in bitter fee fight between Clare Locke and its ex-lawyers [Reuters]Reuters