Home Options Trading Advantage Options – Shares of 21st Century Fox Briefly Rise on...

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Shares of 21st Century Fox (FOXA) rose briefly in trading on Monday after it was reported that Comcast was considering topping Disney’s bid for the majority of the company’s content. Disney had made its bid to purchase said content for $52.4 billion back in December 2017, but Comcast is now considering bidding even higher. So far, that greater bid has not been made, but we will keep an eye on the situation to see how it develops. Shares of FOXA closed at 36.14, down -1.58% after the massive market selloff that occurred on Monday. Keep an eye on the stock for more volatility.

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