Warner Bros. Discovery (WBD) Falls More Steeply Than Broader Market: What Investors Need to Know

Warner Bros. Discovery (WBD) closed the most recent trading day at $8.24, moving -1.9% from the previous trading session. This change lagged the S&P 500's 0.19% loss on the day. On the other hand, the Dow registered a gain of 0.09%, and the technology-centric Nasdaq decreased by 0.36%. Heading into today, shares of the operator of cable TV channels such as TLC and Animal Planet had gained 12% over the past month, outpacing the Consumer Discretionary sector's gain of 2.68% and the S&P 500's gain of 2.06% in ...