Published on 23 May 2024 on Zacks via Yahoo Finance
Warner Bros. Discovery (WBD) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this operator of cable TV channels such as TLC and Animal Planet have returned -3.8% over the past month versus the Zacks S&P 500 composite's +6.1% change. The Zacks Broadcast Radio and Television industry, to which Warner Bros. Discovery belongs, has gained 11.1% over this period. Now the key question is: Where could the stock be headed in the near term?