Based on stock trading, Tucker Carlson was worth up to $962 million to the company that owns Fox News.. Fox NewsFox News .Carlson was the most-watched program on Fox News before parting ways with Fox News on Monday..On Monday, the value of Fox Corporation's shares dropped by as much as 5.4%, which is the largest decline since October..This drop happened after the company announced that Carlson had left Fox News immediately..This news came days after the network agreed to pay $787 million to settle a lawsuit by Dominion Voting Systems for defamation because Fox News spread misinformation related to the 2020 US presidential election and election fraud claims..Investors are speculating where Carlson might work next. As a result, investors bought shares of two companies, Rumble Inc., a conservative video network supported by Peter Thiel, and Digital World Acquisition Corp., a company merging with Trump Media..Initially, the stocks of these two companies went down, but then they went back up. Rumble increased by 3.9%, while Digital World's stock gained 2.2%..Carlson’s exit is “definitely going to leave a mark on Fox,” Matthew Tuttle told Bloomberg, CEO and CIO of Tuttle Capital Management, who bought shares of Rumble.
Based on stock trading, Tucker Carlson was worth up to $962 million to the company that owns Fox News.. Fox NewsFox News .Carlson was the most-watched program on Fox News before parting ways with Fox News on Monday..On Monday, the value of Fox Corporation's shares dropped by as much as 5.4%, which is the largest decline since October..This drop happened after the company announced that Carlson had left Fox News immediately..This news came days after the network agreed to pay $787 million to settle a lawsuit by Dominion Voting Systems for defamation because Fox News spread misinformation related to the 2020 US presidential election and election fraud claims..Investors are speculating where Carlson might work next. As a result, investors bought shares of two companies, Rumble Inc., a conservative video network supported by Peter Thiel, and Digital World Acquisition Corp., a company merging with Trump Media..Initially, the stocks of these two companies went down, but then they went back up. Rumble increased by 3.9%, while Digital World's stock gained 2.2%..Carlson’s exit is “definitely going to leave a mark on Fox,” Matthew Tuttle told Bloomberg, CEO and CIO of Tuttle Capital Management, who bought shares of Rumble.
