Posted on 04/24/2023 11:17:55 AM PDT by Red Badger
Shares of Fox Corporation fell Monday after Fox News announced the departure of longtime host Tucker Carlson.
The company’s class A stock was down roughly 3.6 percent by 1 p.m., falling from close to $34 per share to under $32. Class B stock fell roughly 3.4 percent, from $31 to $29.
The network announced on Monday that Carlson and the network “mutually agreed” to go separate ways, effective immediately. Carlson’s last show was last Friday, and an interim show will be held with rotating hosts until a replacement is found.
The departure and subsequent stock hit comes shortly after Fox agreed to a $787.5 million settlement with Dominion Voting Systems over defamation charges.
The abrupt news of Carlson’s exit was followed by news that longtime CNN host Don Lemon was departing his network.
Good
Short those bustards!
I could care less about FOX and their stock. Just let me know where Tucker ends up and I’ll tune in.
FOX was always controlled opposition.
Now they’re out in the open.
Dial Fox News to Zero. I just sent Jim my monthly cable bill.
CANCEL FOX NATION. I did.
***. where Tucker ends up ***
RSBN ... if they want to make a big move
The company’s class A stock was down roughly 3.6 percent by 1 p.m., falling from close to $34 per share to under $32. Class B stock fell roughly 3.4 percent, from $31 to $29.
Following the “Bud Light” playbook. Another sterling success for Woke corporations!
Thanks to Travis McGee for his insight to our latest woke corporate trend.
Now ABSOLUTELY done with FOX!!
What con men!!!!!!!
Murdoch and the boys are big open-borders globalists, always have been.
Tucker was the token patriot until he pushed it too far.
UGH!!
It’s going to go down to zero.
While both Rumble and Digital World stock prices are going up!
Fox lost 690 million in value after the announcement. I guess they feel it was worth it to be rid of the major thorn in their side that Tucker had become. I would like to see the inner-office messages that were flying back and forth before and after the decision.
Fox News Radio is 100% agenda driven reporting. Each time, every time!
How much less could you care?
I think Fox probably would have won the lawsuit.
It’s starting to make sense.
I think this will hurt Hannity big time! Tucker was the feed show for Hannity. No reason to turn on fox now.
The token patriot from MSNBC, PBS, and CNN? You are being duped.
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