Look How Much Fox News Shares Plummeted Virtually Over Night

0
4كيلو بايت

Their coverage of the 2020 election has driven away a massive portion of their fan base, which feels betrayed by the network. It has already had a disastrous effect on ratings.

Now we learn it is hitting the company’s bottom line.

The Business Insider reports:

Fox Corp. tumbles 6% as Trump retweets support for rival networks Newsmax and OANN

Class A shares of Fox News parent company Fox Corp. dropped as much as 6% on Thursday as President Donald Trump retweeted support for its rival right-leaning news networks Newsmax and OANN.

Some of Trump’s Thursday retweets include: “#FoxNews is dead,” “Fox has been completely unfair and untruthful. Moving to Newsmax,” and “Newsmax and Oann are great alternatives [to Fox News].”

Those retweets were then followed up by a direct message from Trump, who tweeted, “.@FoxNews daytime ratings have completely collapsed. Weekend daytime even WORSE. Very sad to watch this happen, but they forgot what made them successful, what got them there. They forgot the Golden Goose. The biggest difference between the 2016 Election, and 2020, was @FoxNews!”

Trump and his most devoted supporters have been especially irritated by Fox News ever since the network called the state of Arizona for President-elect Joe Biden on the night of the presidential election.

Like
Love
5
إعلان مُمول

We are 100% funded for October.

Thanks to everyone who helped out. 🥰

Xephula monthly operating expenses for 2024 - Server: $143/month - Backup Software: $6/month - Object Storage: $6/month - SMTP Service: $10/month - Stripe Processing Fees: ~$10/month - Total: $175/month

Xephula Funding Meter

Please Donate Here

البحث
الأقسام
إقرأ المزيد
Religion
Principle Over Power
Do you refuse to speak to me?” Pilate said. “Don’t you realize I have power...
بواسطة Alamo NLP 2020-11-23 13:15:50 0 4كيلو بايت
Politics
It’s not that we love Donald Trump so much. It’s that we can’t stand YOU.
If you can’t stand Donald Trump, and cannot possibly fathom why anyone would ever vote for...
بواسطة Ronnie James 2020-09-10 16:49:40 0 7كيلو بايت
Politically Incorrect
Rogue AI at the DOD 7/18/2018 Attack at Branson Missouri
Rogue AI at the DOD 7/18/2018 Attack at Branson Missouri was a Micro-burst transaction....
بواسطة Rock IXOYE 2020-01-17 19:47:31 1 12كيلو بايت
Politics
Have some faith. It’s going to be OK
https://mynews.one/have-some-faith-its-going-to-be-ok/
بواسطة Morgan Kevins 2021-01-12 18:21:36 0 4كيلو بايت
أخرى
Lets come back to this when the full game is out for a week
I actually liked the dribbling more, seemed like it was harder to spam one move together a bunch...
بواسطة Nanlina Chen 2020-10-11 02:36:46 0 5كيلو بايت