WBD Rises 20% in a Month: How Should You Play the Stock?

Warner Bros. Discovery (WBD) shares have soared 19.9% in a month, outperforming the Zacks Consumer Discretionary sector’s return of 4% and the Zacks Broadcast Radio and Television industry’s return of 8.5%.WBD shares’ rise can be attributed to its growing subscriber base from Max and strong content, while challenges in linear TV and studio performance pose headwinds.Expanding Partner Base Aids WBD’s ProspectsWarner Bros. Discovery is positioning itself for long-term growth through strategic partnerships, in ...