The latest trading session saw Warner Bros. Discovery (WBD) ending at $9.84, denoting a +1.44% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily gain of 0.16%. Elsewhere, the Dow gained 0.86%, while the tech-heavy Nasdaq lost 0.38%.The operator of cable TV channels such as TLC and Animal Planet's stock has dropped by 19.64% in the past month, falling short of the Consumer Discretionary sector's loss of 5.64% and the S&P 500's loss of 2.2%.The upcoming earnings re ...

Class Action Notice - Shareholders who purchased Warner Bros Discovery Inc (WBD) shares between February 23 2024 and August 7 2024 are encouraged to contact The Gross Law Firm regarding possible lead plaintiff appointment [1] - The deadline for shareholders to register for this class action is January 24 2025 [2] Allegations Against Warner Bros Discovery - The complaint alleges that WBD issued materially false and/or misleading statements during the class period [1] - WBD's sports rights negotiations with the NBA were causing or likely to cause significant reevaluation of its business and goodwill [1] - WBD's goodwill in its Networks segment had significantly deteriorated due to the difference between market capitalization and book value continued softness in certain US advertising markets and uncertainty related to affiliate and sports rights renewals including with the NBA [1] - The above factors significantly increased the likelihood of WBD incurring billions of dollars in goodwill impairment charges [1] - As a result WBD's public statements were materially false and misleading at all relevant times [1] Next Steps for Shareholders - Registered shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the case lifecycle [2] - There is no cost or obligation for shareholders to participate in this case [2] About The Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investor rights [3] - The firm seeks recovery for investors who incurred losses due to false and/or misleading statements or omission of material information by companies [3]

SAN DIEGO, Jan. 9, 2025 /PRNewswire/ -- Robbins LLP reminds investors that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Warner Bros. Discovery, Inc. (NASDAQ: WBD) securities between February 23, 2024 and August 7, 2024. WBD is a global media and entertainment company that provides a portfolio of content, brands, and franchises across television, film, streaming, and gaming outlets.For more information, submit a form, email attorney Aaron Dumas, Jr., or give ...

NEW YORK, Jan. 9, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Warner Bros. Discovery, Inc. (NASDAQ: WBD).Shareholders who purchased shares of WBD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/warner-bros-discovery-loss-submission-form/?id=121470&from=4 CLASS PERIOD: Febr ...

NEW YORK, Jan. 6, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Warner Bros. Discovery, Inc. (NASDAQ: WBD).Shareholders who purchased shares of WBD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/warner-bros-discovery-loss-submission-form/?id=120446&from=4CLASS PERIOD: Febru ...

Class Action Lawsuit Details - Rosen Law Firm reminds purchasers of Warner Bros Discovery Inc (WBD) securities between February 23 2024 and August 7 2024 of the January 24 2025 lead plaintiff deadline [1] - Purchasers during the Class Period may be entitled to compensation without out of pocket fees through a contingency fee arrangement [1] - A class action lawsuit has been filed and investors must move the Court by January 24 2025 to serve as lead plaintiff [2] Rosen Law Firm Credentials - Rosen Law Firm represents global investors in securities class actions and shareholder derivative litigation [3] - The firm achieved the largest ever securities class action settlement against a Chinese company and ranked No 1 by ISS Securities Class Action Services in 2017 [3] - Rosen Law Firm has been in the top 4 annually since 2013 recovering hundreds of millions for investors including over $438 million in 2019 [3] Allegations Against Warner Bros Discovery - Defendants allegedly made false or misleading statements and failed to disclose material information during the Class Period [4] - WBD's sports rights negotiations with the NBA were causing significant business and goodwill reevaluation [4] - WBD's Networks segment goodwill deteriorated due to market capitalization vs book value differences US advertising market softness and affiliate and sports rights renewal uncertainties [4] - These factors increased the likelihood of billions in goodwill impairment charges and overstated WBD's business and financial prospects [4] - Investors allegedly suffered damages when the true details entered the market [4]

Warner Bros. Discovery Inc. NASDAQ: WBD is a major entertainment and media company that owns high-profile entertainment brands and IPs. The consumer discretionary sector Goliath was formed through a merger of the AT&T Inc. NYSE: T spin-off of WarnerMedia and Discovery Inc. in April 2022. For the telecom giant AT&T, it was a way to offload $43 billion in debt and receive $40.4 billion in cash on the deal to refocus on its core telecommunications business. Discovery was able to massively scale up its content ...

NEW YORK, Dec. 26, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Warner Bros. Discovery, Inc. (NASDAQ: WBD) between February 23, 2024 and August 7, 2024, both dates inclusive (the “Class Period”), of the important January 24, 2025 lead plaintiff deadline. SO WHAT: If you purchased WBD securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrang ...

NEW YORK, Dec. 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Warner Bros. Discovery, Inc. (NASDAQ: WBD).Shareholders who purchased shares of WBD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/warner-bros-discovery-loss-submission-form/?id=118143&from=4CLASS PERIOD: Febr ...

On Dec. 12, shares of media giant Warner Bros. Discovery NASDAQ: WBD rallied over 15%. This immense gain was due to an announcement that the firm will restructure its business, which offers several key potential benefits. Wall Street analysts have raised their price targets on average, but as of the Dec. 19 close, shares have lost all that gain and more. So, does the recent drop in Warner Bros. stock price signal a buying opportunity? Let's break down the details and potential benefits of the restructuring, ...