Fox Corp. Cl A Stock Falls Wednesday, Underperforms Market

Wolverine World Wide Inc

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Consumer Discretionary : Textiles, Apparel & Luxury Goods | Small Cap Value

Company profile

Wolverine World Wide, Inc. is a designer, marketer and licensor of a range of quality casual footwear and apparel, performance outdoor and athletic footwear and apparel, kids' footwear, industrial work boots and apparel, and uniform shoes and boots. The Company operates through two segments: Wolverine Michigan Group and Wolverine Boston Group. Its Wolverine Michigan Group consists of footwear and apparel under brand names Merrell, Cat, Wolverine, Chaco, Hush Puppies, Bates uniform footwear, Harley-Davidson and Hytest safety footwear. Its Wolverine Boston Group consists of Sperry footwear, Saucony footwear and apparel, Keds footwear and the kids' footwear business, which includes the Stride Rite licensed business, as well as kids' footwear offerings from Saucony, Sperry, Keds, Merrell, Hush Puppies and Cat. Its products are marketed in approximately 170 countries, including the United States, Canada, the United Kingdom and certain countries in continental Europe and Asia Pacific.

Fox Corp. Cl A Stock Falls Wednesday, Underperforms Market

4:55 pm ET November 9, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Fox Corp. Cl A (FOXA) slid 3.07% to $28.44 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.08% to 3,748.57 and Dow Jones Industrial Average falling 1.95% to 32,513.94. Fox Corp. Cl A closed $16.51 below its 52-week high ($44.95), which the company achieved on February 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Walt Disney Co. (DIS) fell 13.16% to $86.75, Netflix Inc. (NFLX) fell 3.34% to $254.66, and Comcast Corp. Cl A (CMCSA) fell 1.60% to $31.39. Trading volume (3.4 M) eclipsed its 50-day average volume of 3.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.

(END) Dow Jones Newswires

November 09, 2022 16:55 ET (21:55 GMT)