Fox Stock Rises More Than 4% Premarket as World Cup Boosts Earnings
Fox is up more than 4% premarket. Advertising revenue jumped 47%, with the World Cup, political advertising and streaming platform Tubi contributing to the increase.
By Kelly CloonanFox is up over 4% premarket after the FIFA World Cup delivered a boost to its earnings.Ad revenue jumped 47% thanks to the soccer championship as well as a boost from political advertising and Fox's streaming platform Tubi.Fox Corp. and Wall Street Journal parent News Corp share com…