Fox Corp debuted on the Nasdaq on Tuesday, marking a new phase for billionaire R...
FILE PHOTO: Paul Ryan speaks after meeting with U.S. President Donald Trump at the White House in Washington, U.S., December 20, 2018. REUTERS/Jim Young
The company also appointed former U.S. House Speaker Paul Ryan, Chief Executive Officer of Formula One Group Chase Carey and two others to its board. Carey was president and chief operating officer at Twenty-First Century Fox from 2009 to 2015. Brokerage MoffettNathanson had started covering Fox with “buy” rating last week ahead of the debut, saying Fox Broadcasting Network and Fox News are “an unrivaled pair of must-have” content that will drive strong, industry-leading revenue growth for years.
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