Advertisement
UK markets open in 1 hour 29 minutes
  • NIKKEI 225

    38,423.48
    +871.32 (+2.32%)
     
  • HANG SENG

    17,157.79
    +328.86 (+1.95%)
     
  • CRUDE OIL

    83.46
    +0.10 (+0.12%)
     
  • GOLD FUTURES

    2,338.60
    -3.50 (-0.15%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • Bitcoin GBP

    53,633.37
    +328.41 (+0.62%)
     
  • CMC Crypto 200

    1,442.43
    +27.67 (+1.96%)
     
  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     
  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     

Warner Bros. Discovery Stock Plunged. Here's Why.

Shares of Warner Bros. Discovery (NASDAQ: WBD) fell 16.5% on Friday, after the media conglomerate reined in investors' growth expectations. Warner Bros. Discovery was formed when AT&T spun off its WarnerMedia assets and merged them with Discovery. The combination joined popular TV networks like TBS, TNT, and CNN with streaming services HBO Max and Discovery+.