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 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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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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