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Fox Corporation Falls, American Airlines Surges, SpaceX Shares Jump in Second Day of Trading After Record IPO
Published 6 days, 10 hours ago
Description
On this episode of Stock Movers:
-Fox Corporation (FOXA) shares fall. Fox agreed to acquire Roku Inc. in a deal valued at about $22 billion including debt, creating a new television juggernaut and marking a big push into ad-supported streaming.
-American Airlines (AAL) shares surge. Airline companies gain while energy stocks fall after the US and Iran said they reached an interim agreement to reopen the Strait of Hormuz.
-SpaceX (SPCX) shares jumped in their second day of trading, adding to gains following a blockbuster debut that instantly vaulted it into the ranks of the world’s most valuable public companies.
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