What happened to Fox stock price since firing Tucker Carlson?
Fox(FOX) Invezz·2024-01-07 23:42
Media stocks are not doing well as concerns about the industry’s future remain. I recently wrote about the bruised media giant Paramount Global, while troubles at Warner Bros. Discovery and Disney are well-known. Rupert Murdoch’s Fox Corporation (NASDAQ: FOX) is not doing well, especially after it fired Tucker Carlson in 2023. The stock is trading at $30, 17.78% below its highest point in 2023. It has underperformed the broader S&P 500 and Nasdaq 100 indices, which are hovering near their record highs. Fox ...