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.
The oligarchs do not care. There’s far bigger money at stake than simply profitability at a news network.
Pretty obvious....................
Do not forget maria was paling around with the globalist schab
yes, good
Jesse recently purchased a new home and his wife just had another baby. He won’t be leaving for awhile.
I also canceled FOX Nation.
Well I think it is an obvious question but don’t you think her days are numbered?
He has become a director at OAN.
Mark Levin is another great watch.
Great new logo for Fox.
> What was the upside you saw to Fox stock that made you invest in them? <
I think you might have misunderstood. I have never invested in Fox stock. I’m an index fund guy, exclusively.
I was saying that I should have immediately shorted Fox stock - placed a bet that the stock would go down. You don’t have to actually own a stock before deciding to short it.
tucker was the only thing i watched on fox. now there will be nothing. I dont trust any of the others. I may agree with them from time to time. But I do not trust them not to lie when it matters. Cable news avoids topics of importance especially at crucial times. Tucker did not.
+1
Jessie Watters is reasonably good when he bothers to show up ...
She’s calling Biden a traitor. Guess who’s next?
Dial Fox News to Zero. I just sent Jim my monthly cable bill
Should have sent him some money Jim will not pay for your cable bill, dumbass
Yep.
I could care less too, but I'd have to be dead.
She also protects the big banks, for example, as well.
Goodbye Fox, it’s a pleasure to say goodbye.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.