Co-movers

daily closes · 501dMethod

Moved together

FOXAwithGTN

×0.70co-movement · GTN on FOXA · 501d

r 0.34scale to r 0.75

Shared co-movers2with FOXAwith GTN

SBGISinclair, Inc.r 0.42r 0.59

TFCTruist Financial Corpr 0.41r 0.38

FOXA, solidGTN, hatched× = co-movement · βr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

FOXAFox Corp

66.98−1.02%

Mkt cap$29.4BRevenue$4.6BQ1 FY27Revenue$17.1BFY26

GTNGray Media, Inc

4.75−2.72%

Regular sessionNov 6 '26

Mkt cap$502.6MRevenue$839MQ2 FY26Revenue$3.1BFY25

vs

Compare

Regular sessionNov 6 '26

FOXAFox Corp

vs

GTNGray Media, Inc

66.98−1.02%

Price

4.75−2.72%

$29.4B

Mkt cap

$502.6M

Q1 FY27$4.6B

Revenue

$839MQ2 FY26

FY26$17.1B

Revenue

$3.1BFY25

FOXA compared with GTN: revenue, margins and what each company keeps, and the suppliers and customers both name