This Is Why Fox And News Corp Shares Surged After News Broke Rupert Murdoch Is Stepping Down: Prof

5 months ago
Shares of both the Fox Corporation and News Corp jolted throughout the day Thursday following the companies’ announcement that longtime chairman Rupert Murdoch is stepping down, providing a rebound for the conservative-leaning news conglomerate. Jo-Ellen Pozner, Associate Professor of Management at the Leavey School of Business at Santa Clara University, joins Brittany Lewis on "Forbes Newsroom" to discuss.