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Warner Bros. Discovery (WBD) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-02-15 00:01
The most recent trading session ended with Warner Bros. Discovery (WBD) standing at $9.73, reflecting a +1.99% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 0.96%. Meanwhile, the Dow gained 0.4%, and the Nasdaq, a tech-heavy index, added 1.3%.Shares of the operator of cable TV channels such as TLC and Animal Planet have depreciated by 7.83% over the course of the past month, underperforming the Consumer Discretionary sector's gain of 2.64% and the S&P 500's g ...
‘Big Short' investor Michael Burry bets on CNN parent Warner Bros. Discovery, restaurant firms
New York Post· 2024-02-14 20:03
Hedge fund manager Michael Burry, known for his prescient calls ahead of the 2008 US housing market crash, picked up shares of Warner Bros. Discovery in the fourth quarter of 2023 while closing out a put option position on semiconductor stocks, securities filings released on Wednesday showed.Burry’s Scion Asset Management added 375,000 shares of the parent of CNN over the quarter. Other new additions included 200,000 shares of restaurant software company Toast Inc., 225,000 shares of discount retail chain ...
HGTV® DREAM HOME 2024 ON ANASTASIA ISLAND, FLORIDA TO CLOSE ON FEBRUARY 15, 2024
Prnewswire· 2024-02-12 15:00
The Winner Will Receive a Grand Prize Package Valued at Over $2.2 Million NEW YORK, Feb. 12, 2024 /PRNewswire/ -- The HGTV Dream Home 2024 located on Anastasia Island, Florida will close its sweepstakes on Thursday, February 15, 2024, at 5 p.m. ET. The prize package, valued at over $2.2 million, includes the newly built, fully furnished home, an All-New Mercedes-Benz E-Class Sedan and $100,000. Eligible fans can enter twice per day, once at HGTV.com/DreamHome and once at FoodNetwork.com/HGTVDreamHome, where ...
Warner Bros. Discovery (WBD) Flat As Market Gains: What You Should Know
Zacks Investment Research· 2024-02-07 00:01
In the latest market close, Warner Bros. Discovery (WBD) reached $10.07, with no movement compared to the previous day. This change lagged the S&P 500's 0.23% gain on the day. On the other hand, the Dow registered a gain of 0.37%, and the technology-centric Nasdaq increased by 0.07%.Coming into today, shares of the operator of cable TV channels such as TLC and Animal Planet had lost 11.67% in the past month. In that same time, the Consumer Discretionary sector gained 2.45%, while the S&P 500 gained 5.3%.The ...
WBD Stock Dips as Wells Fargo Downgrades Warner Bros Discovery
InvestorPlace· 2024-01-29 15:39
Warner Bros Discovery (NASDAQ:WBD) stock is sliding lower on Monday as investors react to a new downgrade from Wells Fargo analysts.That downgrade has the firm’s analysts dropping shares of WBD stock from an “overweight” rating to an “equal weight” rating. Wells Fargo also lowered its price target for WBD stock from $16 per share to $12 per share.To put that news in perspective, the analysts’ consensus rating and price prediction for WBD stock is moderate buy based on 16 opinions and $15.75 per share. Inves ...
Warner Bros. Discovery (WBD) Beats Stock Market Upswing: What Investors Need to Know
Zacks Investment Research· 2024-01-26 00:06
Warner Bros. Discovery (WBD) closed the most recent trading day at $10.58, moving +1.63% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.53%. Meanwhile, the Dow experienced a rise of 0.64%, and the technology-dominated Nasdaq saw an increase of 0.19%.Prior to today's trading, shares of the operator of cable TV channels such as TLC and Animal Planet had lost 9.4% over the past month. This has lagged the Consumer Discretionary sector's gain of 0.31% and th ...
Warner Bros. Discovery: Our Top Pick For 2024 Maintains Strong Financials
Seeking Alpha· 2024-01-24 22:44
David McNew Our top investment pick for 2023, Intel Corporation (INTC), managed to triple the performance of the market. Now, after some delays, we're announcing our top investment recommendation for 2024, Warner Bros. Discovery, Inc. (NASDAQ:WBD). On the back of blockbuster earnings from Netflix, Inc. (NFLX), Warner Bros. Discovery remains the forgotten stepchild, despite a unique portfolio and strong cash flow generation. As we'll see throughout the article, the company's unique content portfolio, cash fl ...
Warner Bros. Discovery (WBD) Ascends But Remains Behind Market: Some Facts to Note
Zacks Investment Research· 2024-01-20 00:01
Warner Bros. Discovery (WBD) closed at $10.35 in the latest trading session, marking a +0.68% move from the prior day. The stock's change was less than the S&P 500's daily gain of 1.23%. On the other hand, the Dow registered a gain of 1.06%, and the technology-centric Nasdaq increased by 1.7%.Coming into today, shares of the operator of cable TV channels such as TLC and Animal Planet had lost 10.53% in the past month. In that same time, the Consumer Discretionary sector lost 2.56%, while the S&P 500 gained ...
Deleveraging Is a Big Opportunity for Warner Bros. Discovery
GuruFocus· 2024-01-15 13:00
One of the most maligned stocks of the past few years has been Warner Bros. Discovery Inc. (WBD, Financial). Let's take a closer look at the stock and what might help turn its fortunes around. Company profile Warner Brothers Discovery was formed when AT&T (T, Financial) spun off WarnerMedia and merged it with Discovery. The deal created one of the largest media companies on the planet with an extensive content library. Among its featured brands are Max (HBO), Discovery, DC Comics, CNN, HGTV and Cartoon Netw ...
Warner Bros. Discovery (WBD) Outperforms Broader Market: What You Need to Know
Zacks Investment Research· 2024-01-13 00:34
Warner Bros. Discovery (WBD) closed the most recent trading day at $10.65, moving +1.04% from the previous trading session. This change outpaced the S&P 500's 0.08% gain on the day. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.02%.The the stock of operator of cable TV channels such as TLC and Animal Planet has fallen by 15.61% in the past month, lagging the Consumer Discretionary sector's gain of 0.78% and the S&P 500's gain of 3.52%.Market participants will be closely following ...