21st Century Fox shares spike on reports of Disney talks

Shares of 21st Century Fox (NASDAQ:FOXA) spiked nearly 10% on reports that the company recently held talks with Walt Disney (NYSE:DIS) to buy certain company assets, including the film studio, according to The Wall Street Journal. These same reports say talks are currently not in progress.

Ticker Security Last Change Change %
FOXA TFCF CORP. 32.18 -0.27 -0.83%
DIS THE WALT DISNEY CO. 97.98 +0.11 +0.11%

Shares of Disney gained 2% on the news. The House of Mouse is set to report earnings on Thursday.

21st Century Fox is the parent company of FOX Business and Fox News.