DJ Warner Bros. Discovery Inc. Series A Stock Underperforms Monday When Compared To Competitors
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Shares of Warner Bros. Discovery Inc. Series A (WBD) slumped 0.65% to $10.78 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.20% to 4,550.43 and Dow Jones Industrial Average falling 0.16% to 35,333.47.
The stock's fall snapped a two-day winning streak.
Warner Bros. Discovery Inc. Series A closed $5.56 below its 52-week high ($16.34), which the company reached on February 27th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ fell 0.09% to $189.79, Amazon.com Inc. $(AMZN)$ rose 0.67% to $147.73, and Netflix Inc. $(NFLX.UK)$ fell 0.08% to $479.17.
Trading volume (16.9 M) remained 3.9 million below its 50-day average volume of 20.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 27, 2023.
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(END) Dow Jones Newswires
November 27, 2023 17:03 ET (22:03 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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