MEDIA/TWITTER: “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…
Also potentially weighing down shares of Fox Corp. on Thursday could be a report that said Trump is interested in directly competing with Fox News by launching his own conservative-friendly news network once he leaves office.”
-Matthew Fox, “Fox Corp. tumbles 6% as Trump retweets support for rival networks Newsmax and OANN,” businessinsider.com, Nov. 12, 2020