Warner Bros. Discovery Is Up for Sale. Its Stock is Up 10%.

Yuki Iwamura / Bloomberg via Getty Images Warner Bros. Discovery said its board is initiating a review of strategic options Key Takeaways Warner Bros. Discovery is evaluating options "in light of unsolicited interest the company has received from multiple parties," the entertainment company said. Shares of Warner Bros. Discovery are up in Tuesday trading and have gained 90% for the year. Warner Bros. Discovery may be setting the stage for its next act. Shares of Warner Bros. Discovery (WBD) soared ...