Fox News Sees Stock CRASH After Tucker Carlson Departure

On Monday, it was announced that Tucker Carlson will be leaving Fox News. In response to the news, Fox’s stock price plummeted as the millions of Americans that tune into Fox every evening to watch Carlson will now be disappointed after his final show on April 21st.

“Fox News Media and Tucker Carlson have agreed to part ways,” the network said in a statement, according to Forbes.

“We thank him for his service to the network as a host and prior to that as a contributor,” Fox continued in its statement. “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.”

Daily Caller Chief National Correspondent Henry Rodgers pointed out that after the announcement was made Monday morning, Fox’s stock crashed.

Appears Fox stock is crashing after announcing Tucker Carlson’s show is over: pic.twitter.com/4V1M3ww7r6

— Henry Rodgers (@henryrodgersdc) April 24, 2023

Over the past month, the cable news network’s stock, Fox Corp Class A, hovered around $34 a share. Following the announcement, however, the stock plummeted to, as of this report, $32 a share.

BREAKING: TUCKER CARLSON TO LEAVE FOX NEWS

In addition, Fox Corp Class B, hovered around $31 a share before falling to $29 a share in the mid-morning trading hours.

Carlson’s departure from Fox News comes after the conservative commentator has shared groundbreaking stories with his audience in the past few months including his January 6th investigation, an interview with Elon Musk and Donald Trump, and the questioning of Republican presidential candidates about their position on Ukraine.

Tucker has also recently trended on social media after a speech made at The Heritage Foundation’s 50th-anniversary gala went viral.

Tucker Carlson doesn’t need Fox News. Fox News needs Tucker. I cannot wait to see what Tucker does next. pic.twitter.com/AeuY5wdHQ9

— Scarlett Johnson (@scarlett4kids) April 24, 2023

It is apparent that Fox News will be less of a powerhouse in conservative media without Tucker Carlson and Americans will be happy to tune in to Carlson’s next project.

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