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Why Fox Shares Rose 13% in May

TheMotleyFool

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Fox (NASDAQ: FOX) (NASDAQ: FOXA) outperformed a surging stock market last month. Shares rose 13% in May compared with a 4.5% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.

The increase pared some of the media giant's recent losses, but the stock is still down 17% so far in 2020.

Image source: Getty Images.

Source Fool.com

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