The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. Hence, a position in WBD stock, when available, should produce outstanding returns in the long run. Discovery is going to be a monster in the telecom sector, in the U.S. Warner Bros (WBD) has a Smart Score of 4 based on an analysis of 8 unique data sets, including Analyst Recommendations. This represents eye-popping 142% year-over-year growth.Īll in all, Reif believes that the combined company has “the best set of assets.” There’s no denying it: Warner Bros. (WBD) Latest Stock News & Headlines - Yahoo Finance WBD - Warner Bros. Pimple Popper and 90 Day Fiancé.įurthermore, HBO Max registered a whopping 9 million downloads in March. Meanwhile, Discovery brings inexpensive-to-produce cult hits like Dr. WarnerMedia’s HBO offers up popular programming such as Mare of Easttown. Discovery.īank of America Research Analyst Jessica Reif said it best: “… this is probably going to be the broadest offering the market has yet to see.” Potentially, the combining of Discovery and Warner Media’s entertainment assets will create a “global media powerhouse.” Yet, this still leaves the question of why you should consider a stake in Warner Bros. So now, you know what to expect with this spin-off. If this might apply to you, then you’re encouraged to get the details here. Discovery.Īs InvestorPlace contributor Larry Ramer explained, some folks who have already owned AT&T shares will be eligible to receive shares (or at least, partial shares) of WBD stock. Therefore, we can expect that a number of mutual funds and index funds will be indirectly invested in Warner Bros. Discovery and AT&T will remain in the S&P 500. Those shares will represent the newly formed business, Warner Bros. Moreover, Discovery common stock shares will “be converted and reclassified into a single share class line of” WBD shares, according to a press release. Then, WarnerMedia will merge with Discovery. First, AT&T will spin off its interest in WarnerMedia. Discovery Stock: Still Shuffling (NASDAQ:WBD) Seeking Alpha Home Stock Ideas Quick Picks & Lists Communication Services Warner Bros. Investors have been increasingly encouraged. So, here’s the breakdown of what’s happening. Discovery ( NASDAQ: WBD) is one of the best-performing stocks in the S&P 500 this year, up 50.00 since January 1st. I highly recommend buying WBD stock as soon as it’s available to you, as the WarnerMedia Discovery merger will produce a digital entertainment giant. Some of AT&T’s (NYSE: T) stockholders will receive shares of the new company, Warner Bros. In telecom-segment news that’s bound to shake up the industry, Discovery (NASDAQ: DISCA, DISCB, DISCK) and WarnerMedia are expected to complete their mega-merger as soon as this afternoon.
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