Fox Stock Down $600 Million Since Tucker Carlson Exit US News | The Epoch Times https://ift.tt/lERM4C5 Fox Corporation’s stock plunged by more than 5 percent on Monday after Fox News host Tucker Carlson’s surprise exit was announced, initially wiping out nearly $1 billion from its market value. Combining its Class A and B shares, the company saw $900 million wiped off its market value and by late afternoon trading, its Class B shares were down 3.3 percent, which is equivalent to a loss of about $650 million of shareholder value. Shares of the company have recovered somewhat but are currently trading at $29.72, down 0.64 percent, while its market cap is now $16.69 billion, down from $17.29 billion prior to the announcement, a difference of around $600 million.... April 26, 2023 at 04:07AM https://ift.tt/OUX9a8N Katabella Roberts https://ift.tt/msFUQL3
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