Bullish Indicator Points to a Fox Stock Rebound

After touching a record high of $58.74 on March 3, the shares of media giant Fox Corp Class A (NASDAQ:FOXA) quickly pulled back following news that they expect subscriber numbers for its upcoming streaming services to land in the mid-single-digit millions range. Since the start of March, FOXA has shed 9.4%, but historical data suggests the stock may be poised for a rebound.According to a study from Schaeffer's Senior Quantitative Analyst Rocky White, Fox stock is now within one standard deviation of its 50- ...