DJ Warner Bros. Discovery Inc. Series A Stock Underperforms Tuesday When Compared To Competitors
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Shares of Warner Bros. Discovery Inc. Series A (WBD) shed 9.69% to $7.36 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.57% to 5,035.69 and Dow Jones Industrial Average falling 1.49% to 37,815.92.
Warner Bros. Discovery Inc. Series A closed $7.40 short of its 52-week high ($14.76), which the company achieved on August 9th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. $(AAPL)$ fell 1.83% to $170.33, Amazon.com Inc. $(AMZN)$ fell 3.29% to $175.00, and Netflix Inc. $(NFLX)$ fell 1.58% to $550.64.
Trading volume (82.9 M) eclipsed its 50-day average volume of 31.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 30, 2024.
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(END) Dow Jones Newswires
April 30, 2024 17:10 ET (21:10 GMT)
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