Fox, Warner Bros Discovery And Comcast Stocks Dip After Major News Breaks About Tucker Carlson, Don Lemon And Jeff Shell
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deadline.comFox, Comcast and Warner Bros Discovery shares each took a dip Monday after the media companies took turns generating industry-shaking headlines over less than 24 hours.
Comcast announced Sunday that NBCUniversal CEO Jeff Shell had left the company due to an inappropriate relationship with a colleague.
Fox and WBD on Monday delivered equally stunning news they had parted ways with prominent hosts Tucker Carlson of Fox News and Don Lemon of CNN, respectively.
The three stocks were down between 1.6% and 3.6% with a bit more than an hour left in the trading day. Trading volume was light for WBD and Comcast, but nearly three times heavier than normal for Fox.
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