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The Independent UK
The Independent UK
National
Bevan Hurley

Fox Corporation shares plunge by four per cent after Tucker Carlson’s abrupt axing

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Shares in Fox News’ parent company fell sharply after it announced Tucker Carlson was leaving the network with immediate effect on Monday.

Fox Corporation Class A shares dropped by four per cent soon to $31.86 after news of Mr Carlson’s firing broke after 11am ET, before recovering slightly to $32.60 by the time markets closed at 4pm.

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