Spinoff spotlight: Warner Bros. Discovery Inc.

WARNER BROS. DISCOVERY INC. $11 is still a hold. The company (Nasdaq symbol WBD; Consumer sector; Shares outstanding: 2.4 billion; Market cap: $26.4 billion; No dividend paid; Takeover Target Rating: Medium; www.wbd.com) took its current form in April 2022 when AT&T merged its WarnerMedia business with Discovery Inc. AT&T… Read More