Fox Corp. Stock “Disappointing” Since Disney Split, But Analyst Sees Upside: “Please Turn The Page”

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Fox Corp. Stock “Disappointing” Since Disney Split, But Analyst Sees Upside: “Please Turn The Page”
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Veteran Wall Street media analyst Michael Nathanson got straight to the point in his latest note to clients of his firm, MoffettNathanson. “Fox’s early life as a new company has been nothing …

Veteran Wall Street media analyst Michael Nathanson got straight to the point in his latest note to clients of his firm, MoffettNathanson.

. The deal left “New Fox” with a TV-centric portfolio consisting mainly of the namesake broadcast network, Fox News, Fox Sports and a string of cash-generating local stations.'Sunday Night Football' Falls To Season Low; 'Batwoman', 'Kids Say The Darndest Things' Off To Respectable Ratings Starts Cord-cutting has hurt the new enterprise, in Nathanson’s view. “This year’s acceleration in cord-cutting has been materially worse than we expected at the start of the year,” he wrote.

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