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Sep 12, 2024 · Shares of global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD) jumped 10.1% in the morning session after the company announced a new carriage agreement with Charter...
- Radek Strnad
Apr 11, 2022 · The combined streaming offerings of the merger and the vast global subscriber base of the companies individually (before the merger) signal that the new Warner Bros. Discovery would look to...
Apr 5, 2022 · The telecom giant revealed it will issue a special dividend to shareholders on April 5 when they can decide whether to own just AT&T, the soon-to-be Warner Bros. Discovery, or both.
- Alexandra Canal
- 7 min
Apr 8, 2022 · (New York, NY) — April 8, 2022 — Today Discovery, Inc. and AT&T Inc. * (NYSE:T) announced that they have closed their transaction to combine the WarnerMedia business with Discovery.
- What Happened
- So What
- Now What
It took a day and a nudge from Bank of America to get the ball rolling, but the ball is rolling in a big way now. BofA upgraded cable television content maker Discovery (DISC.A) (DISCK), (DISC.B) to a buy today following encouraging comments made by AT&T (T-0.63%)CEO John Stankey late Wednesday regarding the impending merger of Discovery and AT&T's...
Bank of America's upgrade may have been the prompt. Given the sheer scope of Friday's rally and BofA's relatively tempered explanation, though, beaten-down Discovery shares appeared primed for a rally long before today. As of Thursday's close the stock was down 67% from March's peak, with no significant advances being made during that stretch. Toda...
Friday's enormous gain will be a tough act to follow -- at least right away. In fact, the fact that the stock jumped so much at the open above and beyond Thursday's highest price sets the stage for short-term profit-taking that will likely drag Discovery shares lower from here. At the very least this sort of extreme volatility makes entering such a...
3 days ago · WBD | Complete Warner Bros. Discovery Inc. Series A stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
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