The Tucker Carlson Effect: FOX News Stock Sinks After Company Drops Tucker Carlson
Earlier today FOX News announced that the channel was parting ways with Tucker Carlson, the top-rated cable news host on television today.
Following the news today FOX Corp stock took a nosedive.
FOX NEWS STOCK IS DROPPING AFTER LOSING TUCKER. #TuckerCarlson pic.twitter.com/l9hSHYPMrA
— Val (@TrumpsHurricane) April 24, 2023
FOX Corp stock is down nearly 4% today.
Tucker’s last show aired Friday.
Fox said interim hosts will cover Tucker’s time slot until a new host is named.
Via Fox News:
FOX News Media and Tucker Carlson have agreed to part ways. We thank him for his service to the network as a host and prior to that as a contributor.
Mr. Carlson’s last program was Friday April 21st. Fox News Tonight will air live at 8 PM/ET starting this evening as an interim show helmed by rotating FOX News personalities until a new host is named.
Last week Dan Bongino parted ways with Fox News after the outlet settled a lawsuit with Dominion Voting Systems.
Fox News last week agreed to a $787 million settlement with Dominion on day one of the defamation trial.
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