Fox Shares Fall After Trump Stokes Speculation He’ll Launch a Rival
- In series of tweets, the president bashes Fox News coverage
- Report says the president will start a streaming service
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Fox Corp. shares tumbled with speculation ramping up that President Donald Trump might back or launch a rival news service after he leaves office.
Axios reported Thursday, citing unidentified sources, that Trump is planning a subscription-based streaming platform similar to Fox Nation, a $6-a-month service launched two years ago.