Nasdaq implemented changes to its Penny Interval Program on November 9, 2026, adding Fox Corp. Class A (FOXA) to the list of securities subject to the program's specific quoting increments.
Nasdaq adds FOXA to the Penny Interval Program effective November 9, 2026, a routine options market microstructure change affecting quote tick sizes only. It does not alter Fox's fundamentals, earnings outlook or ownership structure, so any price effect on the shares is expected to be negligible.
Nasdaq has officially updated its Penny Interval Program, incorporating Fox Corp. Class A (FOXA) into the list of eligible securities. This regulatory change, effective November 9, 2026, adjusts the tick size increments for options trading on the underlying asset. The update is a standard market microstructure adjustment and does not impact the company's fundamental business operations or financial outlook.
No. The notice only changes the penny interval program, which affects how options on FOXA are quoted in small price increments. It says nothing about the company's business or results.