In case you haven't heard, Rupert Murdock spun off several components of FOX networks into a new, publically traded corporation. Today is the FIRST DAY OF TRADING of the entity which now owns and operates FOX NEWS, as well as several other FOX entertainment entities.

The new company stock symbol is... (of course)... FOX. and trades on the NASDAQ exchange.

It is trading down almost 5% since the open this morning on it's first day of trading.

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