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Fox Corp. tumbles 6% as President Trump retweets support for rival networks Newsmax and OANN
Markets Insider ^ | 11/12/2020 | Matthew Fox

Posted on 11/12/2020 12:24:06 PM PST by marcusmaximus

Class A shares of Fox News parent-company Fox Corp. dropped as much as 6% on Thursday as President Donald Trump retweeted support for its rival right-leaning news networks Newsmax and OANN.

Some of Trump's Thursday retweets include: "#FoxNews is dead," "Fox has been completely unfair and untruthful. Moving to Newsmax," and "Newsmax and Oann are great alternatives [to Fox News]."

Those retweets were then followed up by a direct message from Trump, who tweeted, ".@FoxNews daytime ratings have completely collapsed. Weekend daytime even WORSE. Very sad to watch this happen, but they forgot what made them successful, what got them there. They forgot the Golden Goose. The biggest difference between the 2016 Election, and 2020, was @FoxNews!"

(Excerpt) Read more at markets.businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: corruptmedia; defundfox; defundthemurdochs; deletefox; drudged; fnc; fox; foxexit; foxexodus; foxpocalypsenow; foxratingscollapse; stopthesteal
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Today is Fox Corp's Annual Shareholders meeting, also. Just too funny!
1 posted on 11/12/2020 12:24:06 PM PST by marcusmaximus
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To: marcusmaximus

LOL! Enjoy the Crow Pot Pie, Murdoch’s.


2 posted on 11/12/2020 12:25:06 PM PST by Shady (It is the rule of law vs tyranny, plain and simple, and it is the fight of our lives...)
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To: marcusmaximus

I bet that’ll be interesting


3 posted on 11/12/2020 12:25:36 PM PST by V_TWIN (Where's Hunter???)
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To: marcusmaximus

the left got to foxnews and drudge both. Infiltrated both and corrupted them both.


4 posted on 11/12/2020 12:25:50 PM PST by TexasFreeper2009
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To: TexasFreeper2009
We just can't have any nice things🤣
5 posted on 11/12/2020 12:27:14 PM PST by TianaHighrider (God bless President Trump)
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To: marcusmaximus

The people at the top won’t care as they have more money than they know what to do with. It will be the workers at the bottom of the corporate totem pole that will suffer.


6 posted on 11/12/2020 12:27:43 PM PST by CatOwner
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To: marcusmaximus

Once Trump wins re-election, I hope he tweets that he’s closing his Twitter account and moving to Parler…. That would take the next Tech giant down


7 posted on 11/12/2020 12:28:05 PM PST by southernindymom
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To: marcusmaximus

FOX is Drudge to me, er, I mean dead to me. But what’s the difference?


8 posted on 11/12/2020 12:28:09 PM PST by LibWhacker
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To: TianaHighrider

lol Imagine the fallout if the President walked away from Twitter!


9 posted on 11/12/2020 12:28:28 PM PST by Retrofitted
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To: marcusmaximus

What a coincidence ;)


10 posted on 11/12/2020 12:28:41 PM PST by Freedom56v2
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To: marcusmaximus

Those good guys on Fox need to leave. There is always a contract vehicle to move from Fox. Use it. We’re not coming back to Fox for any reason.


11 posted on 11/12/2020 12:28:53 PM PST by CodeToad (Arm Up! They Have!)
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To: CatOwner

Well, that can’t be helped. Can’t support Fox, so the worker bees need to look for other work


12 posted on 11/12/2020 12:28:57 PM PST by southernindymom
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To: TianaHighrider

their loss, now fox and drudge can fight over the eyeballs of the left half of the country and Newsmax, Parlor can have the other half all to itself like Fox once did


13 posted on 11/12/2020 12:29:40 PM PST by TexasFreeper2009
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To: marcusmaximus

14 posted on 11/12/2020 12:30:21 PM PST by Red Badger (Democrats cheat. ... It's what they do. ... GUARANTEED! ... Even if it's not necessary!....)
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To: Retrofitted

He needs to tell us first so we can short the stock


15 posted on 11/12/2020 12:30:40 PM PST by calljack (Sometimes your worst nightmare is just a start.)
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To: LibWhacker

The Murdochs Drudged themselves.


16 posted on 11/12/2020 12:30:42 PM PST by marcusmaximus
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To: marcusmaximus

Does this mean that the White House press corp will allow OAN and Newsmax front row seats during press briefings? I would love to see FNC reporter John Roberts replaced by OAN reporter Chanel Rion.


17 posted on 11/12/2020 12:31:11 PM PST by Mr. N. Wolfe
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To: marcusmaximus

I can tell you what the message is in the shareholder meeting right now without even being there.

Its something along the lines of “Don’t worry, the suckers just went through a tough election and the are pissed off at us. Don’t worry, they’ll all be back by Christmas.”

Im only half joking too....that’s probably exactly what the message was.


18 posted on 11/12/2020 12:31:28 PM PST by suasponte137
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To: TexasFreeper2009

the left got to foxnews and drudge both. Infiltrated both and corrupted them both.

xxxxxxxxxxxxxxxxxxx

amazing what money can buy these days


19 posted on 11/12/2020 12:32:03 PM PST by thinden
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To: marcusmaximus

Has more to do with ratings dropping 30-50% on their programs. Trump didn’t do that.


20 posted on 11/12/2020 12:32:38 PM PST by bray (Pray for President Trump)
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