Jim Cramer on Fox News' Settlement With Former Anchor Gretchen Carlson
Jim Cramer says $23 might be the right price for those who want to buy shares of 21st Century Fox, the parent company of Fox News.
Amid reports of a settlement between Fox News Channel and its former anchor Gretchen Carlson, TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer says $23 might be the right price for those who want to buy shares of 21st Century Fox (FOXA) - Get Report , the parent company of Fox News. The stock currently trades above $24 a share. 'The bad news is really coming out - we don't have a lot of good news,' Cramer said.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
