Shares in media group News Corp (NWSA) dropped today after it suffered a Trump tirade.
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In his latest Truth Social post, the President was in a grumpy Trumpy mood railing against the Wall Street Journal and its boss Rupert Murdoch. The Australian mogul got not one, not two, but three tirades.
Fake Claims
“I look forward to getting Rupert Murdoch to testify in my lawsuit against him and his “pile of garbage” newspaper, the WSJ. That will be an interesting experience!!!” Trump wrote.
This post came hot on the heels of another red-faced Trump tantrum.
“The Wall Street Journal printed a FAKE letter, supposedly to Epstein. These are not my words, not the way I talk. Also, I don’t draw pictures. I told Rupert Murdoch it was a Scam, that he shouldn’t print this Fake Story. But he did, and now I’m going to sue his ass off, and that of his third rate newspaper. Thank you for your attention to this matter! DJT”
That post came hot on the heels of this diatribe.
“The Wall Street Journal, and Rupert Murdoch, personally, were warned directly by President Donald J. Trump that the supposed letter they printed by President Trump to Epstein was a FAKE and, if they print it, they will be sued. Mr. Murdoch stated that he would take care of it but, obviously, did not have the power to do so. The Editor of The Wall Street Journal, Emma Tucker, was told directly by Karoline Leavitt, and by President Trump, that the letter was a FAKE, but Emma Tucker didn’t want to hear that. Instead, they are going with a false, malicious, and defamatory story anyway.
President Trump will be suing The Wall Street Journal, NewsCorp, and Mr. Murdoch, shortly. The Press has to learn to be truthful, and not rely on sources that probably don’t even exist. President Trump has already beaten George Stephanopoulos/ABC, 60 Minutes/CBS, and others, and looks forward to suing and holding accountable the once great Wall Street Journal.
Filthy Rag
It has truly turned out to be a “Disgusting and Filthy Rag” and, writing defamatory lies like this, shows their desperation to remain relevant. If there were any truth at all on the Epstein Hoax, as it pertains to President Trump, this information would have been revealed by Comey, Brennan, Crooked Hillary, and other Radical Left Lunatics years ago. It certainly would not have sat in a file waiting for “TRUMP” to have won three Elections. This is yet another example of FAKE NEWS!”
Feel-good Fridays are clearly not a thing in President Trump’s world.
Despite getting a dressing down today, News Corp has performed well since Trump returned to power in January. It is up 9% in the year to date.
Is NWSA a Good Stock to Buy Now?
On TipRanks, NWSA has a Strong Buy consensus based on 6 Buy ratings. Its highest price target is $45. NWSA stock’s consensus price target is $39, implying a 30.22% upside.
