Warner Bros. Discovery: Brutal Path Ahead After Weak Q2
WBDWarner Bros. Discovery(WBD) Seeking Alpha·2024-08-09 04:30
Erik KhalitovWarner Bros. Discovery Investment Thesis The story at Warner Bros. Discovery, Inc. (NASDAQ:WBD) continues to become more challenging, causing the stock to plunge to all-time lows. The large media company has failed miserably to transition to a DTC video streaming platform, and a lack of content spending is likely holding back results now. My investment thesis remains more Neutral on the stock, with Warner Bros. entering value trap territory.  Source: FinvizSputtering Along Warner Bros. does ...