Tucker Carlson’s Exit Wipes Out $700 Million In Market Value For Fox

South Africa News News

Tucker Carlson’s Exit Wipes Out $700 Million In Market Value For Fox
South Africa Latest News,South Africa Headlines
  • 📰 Forbes
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

It’s the latest headwind for the cable giant after it agreed to pay nearly $800 million to settle a defamation lawsuit for its coverage of fraud during the 2020 election.

to settle a defamation lawsuit from Dominion Voting Systems after Fox figures including Carlson peddled false claims of fraud in the 2020 election.Class A shares of Fox Corporation slid as much as 5.

6% in the 30 minutes after its news wing announced it immediately “agreed to part ways” with Carlson.The network did not immediately give a reason for Carlson’s departure, but it was a major bombshell considering Carlson’s weeknight program

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fox News stock loses $930 million in market value after Tucker Carlson exitFox Corporation sheds $930 million in market value after announcing Tucker Carlson is leaving the news network
Read more »

Astros 6, Braves 3: Yordan Alvarez, Kyle Tucker home runs lift Houston to another winAstros 6, Braves 3: Yordan Alvarez, Kyle Tucker home runs lift Houston to third straight win
Read more »

Yordan Alvarez, Kyle Tucker lead Astros over BravesYordan Alvarez, Kyle Tucker lead Astros over BravesYordan Alvarez and Kyle Tucker each hit a two-run homer in the sixth inning to power the Houston Astros to a 6-3 win over the host Atlanta Braves on Saturday.
Read more »

Astros Insider: Yordan Alvarez, Kyle Tucker are dynamic duo in heart of lineupThe Astros' two young superstars are providing fireworks as the team impresses in a road...
Read more »



Render Time: 2025-03-03 21:26:23