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FBN's Liz MacDonald on the advertisers dropping from Rush Limbaugh's radio show, and the impact the situation has had on their stocks.
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Today in -- earlier this week it actually plunged.
Because that was a company that announcement Saturday it was dropping ads -- -- Rush Limbaugh's radio show.
Or maybe -- -- other reasons is certainly -- see from the chart took a big hit now a lot of other advertisers are taking notice for joining us to help passes out his list McDonnell isn't the Borough big bill.
I mean -- -- it.
Avalanche of advertisers who -- Rush Limbaugh.
Yeah we've got now about more than three dozen and not all them -- publicly traded may be less than a dozen or so.
All but the issue is there's a Rush Limbaugh stop basic -- having asked.
Fallout on the stock prices of these advertisers or is there is that -- report earnings and their fundamentals that are not doing so hot.
Let's take a look at what you just mentioned carbon -- car overnight was trending down you're talking about it retracing today -- sent online storage company other companies that are connected.
With being advertises on -- Limbaugh show.
-- are companies like -- well that was down the price section on this tape AOL has been struggling to down about 5%.
Since mr.
Limbaugh made those comments.
Also Citrix Systems -- down 4%.
That's -- software company citrix has gotten back to Fox Business with the state look at that the second Charles.
Also Polycom was down 11%.
So that's a debate with that mr.
and then bonds that comments -- that the fact that isn't bad audience right you're gonna lose that advertising.
-- that of that audience those potential customers or is it just poor earnings fundamentals.
And of course you know bid the interesting thing too is he kind of I don't know even threaten the but he kind of that listen you've got -- made a lot of money off my listeners a good -- the -- But they're also a lot of companies are saying they're dropping ads they actually think they never go walk the add to Begin with -- how could.
Happen -- -- here's a deal the basically the hit show -- syndicated by a unit of clear channel so these companies are coming back to Fox Business with statements such as companies like Capital One.
And up for -- and John Deere essentially saying that look we were basically in a general at purchase.
I and our our ads ended up on those on the ocean on the Rush Limbaugh's show you know Capital One for example.
We've got a statement to Fox Business from Capital One is saying it does not advertise on the Rush Limbaugh show.
Also Ford Motor essentially saying that it is not an advertiser on parents and Limbaugh show as well that's -- something citrix has come back there you go you see the capital once statement right there.
And also it also has come back to -- there advertising purchase strategy.
Has not included the Rush Limbaugh show the citrix Charles has come back to Fox Business.
And essentially said that look at we decided to continue.
Discontinue discontinue advertising mr.
Limbaugh show because we heard we had a lot of customer feedback complaints.
And what he said in a consistent with citrix.
Values of humility and.
And that I just wanna tell you as you continue to become a bigger bigger star there's a cautionary tale and I want to go home this week -- a watch a movie called up -- in the crowd.
You might not in Russia remember that Andy Griffin fantastic cautionary -- -- up to stay that faith in the crowd okay thanks a lot Liz MacDonald financial.
I can't break and is not guy's oil closing up a dollar 4606.
Dollars and sixteen cents a barrel that's again up more than 1%.
Countdown to the closing bell courts at the.
