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Warner Bros. Discovery stock fell more than 2% in midday trading on Monday after Wells Fargo downgraded the stock from Overweight to Equal Weight, citing a "risky earnings setup" to kick off the year.
The analyst added she expects WBD to benefit from stronger free cash flow and improved margins in the quarters to come, which should help drive the stock price higher. Zaslav 'corrects' his mistakes
Overall, it remains an uphill battle for WBD stock, with shares down over 25% since the start of the year. Full-year adjusted EBITDA remains at risk of falling to $9 billion, according to the ...
Wells Fargo on Monday downgraded its rating on WBD stock from Equal Weight from Overweight and trimmed its price target from $16 to $12 per share. Shares of Warner Bros. Discovery dropped as much ...
Warner Bros. Discovery stock fell more than 19% Wednesday after the company noted ongoing weakness in the ad market, saying ... WBD, like other media companies, has grappled with an unfavorable ad ...
Warner Bros. Discovery stock closed more than 9% lower on Tuesday after the Wall Street Journal reported late Monday that Comcast's NBCUniversal is working on a bid for an NBA rights deal that ...
Warner Bros. Discovery's stock price fell as much as 12% in early trading on Thursday after the company reported disappointing second quarter earnings on Wednesday that missed expectations on both ...
Martin, who maintained her Hold rating on the stock with a price target of $15.73 a share, said Zaslav "is repositioning WBD as a 'storytelling' company- similar to DIS," adding his commitment to ...