Warner Bros. Discovery (WBD) Stock Drops Despite Market Gains: Important Facts to Note
Warner Bros. Discovery(WBD) ZACKS·2024-07-11 07:06
In the latest market close, Warner Bros. Discovery (WBD) reached $7.32, with a -0.27% movement compared to the previous day. This change lagged the S&P 500's daily gain of 1.02%. Meanwhile, the Dow experienced a rise of 1.09%, and the technology-dominated Nasdaq saw an increase of 1.18%.The the stock of operator of cable TV channels such as TLC and Animal Planet has fallen by 8.71% in the past month, lagging the Consumer Discretionary sector's loss of 2.14% and the S&P 500's gain of 4.44%.Analysts and inves ...