Red alert as Warner Bros (WBD) stock price loses key support
WBDWarner Bros. Discovery(WBD) Invezz·2024-02-26 12:42

Warner Bros. Discovery (NASDAQ: WBD) stock price has plummeted to a record low as concerns about the company remains. It plunged to a low of $8.6 on Friday valuing the media giant at over $21 billion. The company had a market cap of over $50 billion when it went public a while ago.Concerns about growth remainsCopy link to sectionWarner Bros. Discovery is facing the same problems that Paramount Global is facing. It owns tens of television networks in an era when most people are no longer watching television. ...