Warner Bros. Discovery (WBD) ended the recent trading session at $8.50, demonstrating a +0.24% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.57%. Meanwhile, the Dow experienced a rise of 0.83%, and the technology-dominated Nasdaq saw an increase of 0.39%.Coming into today, shares of the operator of cable TV channels such as TLC and Animal Planet had lost 13.73% in the past month. In that same time, the Consumer Discretionary sector gained 0.27 ...

Jacek_Sopotnicki I've bought more Warner Bros. Discovery (NASDAQ:WBD) stock since the earnings report. That's the first thing to know. Because in this case, I am following the old adage: if I liked it at X price, then I really love it at much less than X. I can't help it. I just see value here. My previous article on the company/stock, back in December 2023, was bullish on the portfolio of properties and future financial guidance from management, backed by a compelling valuation. The stock has significantly ...

Warner Bros. Discovery (WBD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this operator of cable TV channels such as TLC and Animal Planet have returned -11.1% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Broadcast Radio and Television industry, to which Warner Bros. Discovery belongs, has gained 2.4% over this period. Now the key ...

Warner Bros. Discovery Inc (NASDAQ:WBD) Morgan Stanley 2024 Technology, Media and Telecom Conference March 4, 2024 6:40 PM ET Company Participants Jean-Briac Perrette - President and CEO of Global Streaming & Games Conference Call Participants Benjamin Swinburne - Morgan Stanley Benjamin Swinburne Good afternoon. We're going to get started. A quick disclosure statement. Please note that important disclosures, including my personal holdings disclosures and Morgan Stanley disclosures all appear as a handout a ...

SOPA Images/LightRocket via Getty ImagesNot As Bad A Quarter As The Stock Price Suggests Warner Bros. Discovery (NASDAQ:WBD) was destined to have a tough fourth quarter of 2023. Most of the problems were known ahead of time. The SAG-AFTRA actors strike persisted into November, shutting off the content pipeline, and the industry was still recovering from the WGA writers' strike which ended a few days before the start of 4Q. The advertising market also had been sluggish, as was noted on the 3Q earnings ca ...

The debt elephant has left the room. vicnt/iStock via Getty Images Warner Bros. Discovery Q4/23 earnings review Warner Bros. Discovery (NASDAQ:WBD) released its full-year 2023 earnings report on 2/23/24, and, for what it’s worth, missed estimates both on revenues (1%) and on earnings (instead of tiny positive EPS, the actual result was -$0.16 per share). You can find the full earnings materials on the WBD website. I strongly suggest looking at the trending schedule, which provides a much better overview o ...

Warner Bros. Discovery (NASDAQ: WBD) stock price has plummeted to a record low as concerns about the company remains. It plunged to a low of $8.6 on Friday valuing the media giant at over $21 billion. The company had a market cap of over $50 billion when it went public a while ago.Concerns about growth remainsCopy link to sectionWarner Bros. Discovery is facing the same problems that Paramount Global is facing. It owns tens of television networks in an era when most people are no longer watching television. ...

BalkansCat/iStock Editorial via Getty Images The big news for Warner Bros. Discovery (NASDAQ:WBD) is that management found a cushion that, so far, the market could care less about. But that rather significant cash cushion (that I discussed when management found it) has made the transition of these assets to a formidable competitor far easier. It is not unusual for the business to shrink, even without environmental reasons. Some assets may not even have a future other than as a "cash cow". But cash flow is k ...

ToplineShares of Warner Bros. Discovery slid Friday to their lowest level ever, even after the HBO and CNN parent’s streaming unit became the first major streamer aside from Netflix to record a profitable year on record, exemplifying the struggles of legacy media companies to return shareholder value in the era of streaming.Warner Bros. Discovery CEO David Zaslav Getty Images for Warner Bros. Discovery Key FactsWarner Bros. Discovery’s stock fell 10% to about $8.60 by late afternoon, storming toward its low ...

It’s been another nice day of gains in the market, at an index level. However, as with any broad-based move higher, there are always winners and losers generating headlines. Topping the list of today’s biggest movers to the downside is Warner Bros Discovery (NASDAQ:WBD), with WBD stock hitting a fresh 52-week low following disappointing earnings. In fact, the company’s recent decline has led to a record low for Warner Bros Discovery, given the newly listed nature of the company. At one point today, shares o ...