Warner Bros. Discovery Stock News

NEW YORK, NY / ACCESSWIRE / August 9, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Warner Bros. Discovery, Inc. ("Warner Bros.

Warner Bros. Discovery stock plunged to all-time lows due to a failed transition to their DTC platform and a lack of content spending. The media company faces challenges with a high debt load, a weak competitive position, and the need for increased content spending to remain competitive in the streaming market. WBD stock trades at a cheap 6x EV/EBITDA target, but Warner Bros. is likely a value ...

NEW YORK, NY / ACCESSWIRE / August 8, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Warner Bros. Discovery, Inc. ("Warner Bros.

Best streaming stocks will continue to attract attention for several years, considering the secular growth in the streaming business. This is also thanks to cord-cutting and a decline in appointment viewing.

Warner Bros. Discovery CEO David Zaslav is increasingly in need of a win for shareholders.

Warner Bros. Discovery said revenue declined in all three segments.

Warner Bros Discovery (NASDAQ: WBD ) stock is sliding lower on Thursday after the entertainment company posted its earnings report for the second quarter of 2024. Warner Bros Discovery starts off its earnings report with adjusted EPS of -18 cents.

Share of Warner Bros. Discovery fell sharply this morning, touching all time lows well under $7 after disappointing quarterly earnings after market close yesterday that included a massive write-down at its networks division. The shares fell to $6.73 this morning, a low. They're trading down more than 12% at $6.76 right now.