Fox Stock Plummets 4% on Carlson Departure, Loses $930M in Market Value

27

It’s just the beginning. Fox is now just another cable news flapping tongue.

Fox Stock Falls 4% on Carlson Departure

By Newsmax Finance | Monday, 24 April 2023:

Fox Corporation stock (FOX) fell 5% midday Monday on the news that host Tucker Carlson was leaving the network — erasing $930 million in market value, Business Insider reports.

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The last program of “Tucker Carlson Tonight” aired Friday, Fox said in a press release.

Shares of the media company reversed their downward trajectory by 2:04 p.m. to a 2.73% decline, trading at $29.98.

The news of Carlson’s departure followed news Friday that another Fox host, Dan Bongino, was out at Fox News. Bongino was one of former President Donald Trump’s staunchest defenders — and a prominent critic of the handling of Jan. 6 by Democrats and anti-Trump forces in Congress and the Justice Department.

On Wednesday, Fox agreed to pay Dominion Voting Systems more than $787 million to settle its reporting following the 2020 election. Fox stock closed that day, April 19, at $30.75.

Fox stock opened April 24 at $30.87 and had fallen by 4.06% to $29.57 as of 12:15 p.m. after the Carlson news broke around 11:30 a.m.

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Uri FD
Uri F
11 months ago

WORKING THEORY: Fox loses the Dominion lawsuit because they wanted to. They are globalists. Dominion offers a “discount” on the $700+ million settlement if Fox fires Tucker and Bongino. So Fox fires them both (just happened), and now Fox is going to be part of rigging the 2024 election, along with CNN, NYT, WashPost, etc. Fox is just as evil as all the rest of them. Alt media is the only destination where truth lives. Tucker and Bongino will likely do deals with Rumble, and Rumble (plus other platforms like our Brighteon . TV) will become the go-to sources for honest news. Also, the Dems have cancelled all debates in order to silence RFK, Jr.
https://t.me/RealHealthRanger/3238

Uri FD
Uri F
11 months ago
Reply to  Uri F

Good News: “The dumbest man on television,” Don Lemon, has finally been fired from Fake News CNN. My only question is, WHAT TOOK THEM SO LONG?
https://t.me/real_DonaldJTrump/15743

LaddyboyD
Laddyboy
11 months ago
Reply to  Uri F

I did not know anyone who still listens to the Communist News Network PROPAGANDIST CHANNEL.

MD AnthonyD
MD Anthony
11 months ago
Reply to  Uri F

Too much time off. Don Lemon’s health is failing from the 3 covid shots plus the booster.
He is a liability to CNN’s employee health care plan and would eventially be sayijig what he thinks is killing him which is a problem for CNN’s globalist masters.

edD
ed
11 months ago
Reply to  MD Anthony

I would’ve thought his health was declining due to the AIDS….

Harry Grimes
Harry Grimes
11 months ago
Reply to  Uri F

If Newsmax is smart, they’ll make a play to bring them over.

T D
T D
11 months ago
Reply to  Uri F

CHUCK SHUMER was the one who told Murdoch to fire people including Tucker.

NEWSMAX is an alternative.
They have 24-hour news while other Fox alternatives may not.
And it’s free on Youtube or Roku.

From a Remote Location
From a Remote Location
11 months ago
Reply to  T D

Schumer and AOC, I might add.

11bravo
11bravo
11 months ago
Reply to  Uri F

Paul Ryan and Bret Baer won this round but, this may be the beginning of the end of FNC’s ratings domination. I may watch Martha and Laura, but that is about it. I’m disappointed with FNC. I wonder if they will scrub Tuckers original content from all of Fox. If so, I am GONE!

Counterstrike
Counterstrike
11 months ago
Reply to  11bravo

Just stay off. Watch Real America’s Voice with Bannon. Your withdrawal will disappear. Enough of these people who are destroying us. We owe Murdoch nothing.

arthur facteauD
arthur facteau
11 months ago
Reply to  Uri F

I agree, and Ryan had a lot to do with it as well, sits on the board, and had Murdoch’s ear, and has been trying to get rid of Carlson for a good while now. There are inside rumors now that Maria B and the Judge are about to get canned as well.

As far as the MSM globally is concerned, we are well on our way to having a State media only. It won’t be very long before they start going after the ‘small fry’, such as the ones like you mentioned, that will still be Conservative and actually be still getting the truth out there.

I don’t bother with any of them, have internet only, and have several decent news sites bookmarked, as well as being on GAB and MeWe, where I get some pretty decent news options, and I have found ways to catch OANN, as well as something called The First, which is pretty good, and very conservative. The OANN I get is a bit behind, but I get it free on my laptop. I believe The First to be fairly up to date.

That one has Jessy (sp?) Kelly, who I have come to have a great deal of respect for, as well as several others that are pretty good. You can look them up online, and there is an app for phones, have them on mine as well for waiting in doctors offices and that kind of thing.

Harry Grimes
Harry Grimes
11 months ago

I advise all conservatives to make the switch to the sanity of Newsmax.

Cancel all your Fixnewz subscriptions.

Tesla_rules
Tesla_rules
11 months ago
Reply to  Harry Grimes

Don’t forget OAN. I’ve found them to be even better.

john
john
11 months ago

good riddens fox. like all things that were good corrupt greedy minds destroy.

Sgt Chaos
Sgt Chaos
11 months ago

Fox Stock Falls 4%……….SO WHAT, WHO CARES!!!!!! Tucker deserved better than Fox News. Fox News are in bed with the CORRUPTED liars and evil puppets of Satan!!!!!!!!!!!

Tesla_rules
Tesla_rules
11 months ago

Anyone recall Karl Emil Othmar Lamberg-Karlovsky??

FOX News and Rupert Murdoch Knew about THE HAMMER and SCORECARD Since 2013

https://theamericanreport.org/2020/12/06/fox-news-and-rupert-murdoch-knew-about-the-hammer-and-scorecard-since-2013/

turtlebrat
turtlebrat
11 months ago

Au revoir Fox. Bongino and Carlson were your best shows.

fir1
fir1
11 months ago

What a monumental mistake – I have been watching him every night for a very long time – Watters is good the five is good but they don’t compare –

Counterstrike
Counterstrike
11 months ago
Reply to  fir1

Just drop FOX watch Real America’s Vice… Bannon’s tribe. Or even NEWSMAX… though they are also captured. Time to retake the country, enough of this compromise on our point.

Glen
Glen
11 months ago

I only watch the five and laura ingraham now. Maybe outnumbered but that is it. The Murdoch kids and Paul Ryan are purging free thinking conservatives. Also guttfeld only other watchable show.
They want to destroy Trump and run milk toast desantis. Who with dumb voters will re-elect Biden.

ron
ron
11 months ago
Reply to  Glen

But they didn’t say anything to support Carlson. They are too scared to tell you the truth so no point in listening.

From a Remote Location
From a Remote Location
11 months ago

Fox began to be compromised starting around 2005 when Saudi Prince Alwaleed bin Talal bought shares in its parent (and has been steadily increasing his shares ever since). Many have noted that since that time, they’d tiptoed around the motivations behind many an Islamo-terror attack around the world.

Stephen Honig
Stephen Honig
11 months ago

Fox has joined the communist movement! What happened to free speech? I’m glad Fox lost all that money and their stocks should also lose more. Murdoch’s sons are liberal. It looks like Newsmax will be the leader.

Keith1941D
Keith1941
11 months ago

Forty years ago, CNN came on the scene as an alternative to the mainstream, and did well. Then it drifted to the left, was replaced by Fox. Now Fox is and has been drifting to the left.

One of the things that really became apparent in the 80’s was that conservatives were and are more interested in political matters liberals. And will absolutely punish news sources that preach the leftist line. And these wizards of smart in the mainstream media continue to do the same thing?

Counterstrike
Counterstrike
11 months ago

No reason to watch FOX… the Bud Light of a once great company.

ron
ron
11 months ago

Hope they go bankrupt.

HardrockD
Hardrock
11 months ago

Elon Musk should get together with Carlson and start a real news channel. Bring in all the truth tellers, Carlson, Bongino and then the other good guys can join them. Because I think this purge is just the beginning.

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