Warner Bros. Discovery (NASDAQ: WBD) has had a challenging 2022, so much so that the media company's stock is down 57% year to date. Despite Warner Bros. Discovery's relative weakness in the market, there's reason to believe now may be a smart time to buy its stock. Warner Bros. Discovery was formed from the merger of WarnerMedia and Discovery that closed in April 2022. Read More...
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Why Clearfield Stock Jumped 26% Today
Shares of fiber internet specialist Clearfield (NASDAQ: CLFD) jumped by 28.2% in early trading Friday after the company reported third-quarter 2022 financial results. Revenue soared 110% from a year ago to $95 million, including $7 million from the acquisition of Nestor Cables, and net income was up 129% to $17 million, or $1.22 per share. Demand for broadband internet in the communities Clearfield serves is clearly growing.
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