The market hasn't been kind to Warner Bros. Discovery (NASDAQ: WBD) since it was spun off from AT&T (NYSE: T) and merged with Discovery in April. Despite having a leading streaming service in HBO Max, access to some of WarnerMedia's top franchises, such as Harry Potter, and some top broadcast channels, it is also riddled with debt, owns the flagging CNN network, and has been unable to consistently capitalize on what ought to be some powerhouse brands from its DC Comics portfolio. As a result, Warner Bros. Discovery stock has lost 45% of its value since the spinoff -- and that's just one reason investors ought to consider buying shares today. Read More...
The market hasn’t been kind to Warner Bros. Discovery (NASDAQ: WBD) since it was spun off from AT&T (NYSE: T) and merged with Discovery in April. Despite having a leading streaming service in HBO Max, access to some of WarnerMedia’s top franchises, such as Harry Potter, and some top broadcast channels, it is also riddled with debt, owns the flagging CNN network, and has been unable to consistently capitalize on what ought to be some powerhouse brands from its DC Comics portfolio. As a result, Warner Bros. Discovery stock has lost 45% of its value since the spinoff — and that’s just one reason investors ought to consider buying shares today.
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