Published on 30 May 2024 on Zacks via Yahoo Finance
Warner Bros. Discovery (WBD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this operator of cable TV channels such as TLC and Animal Planet have returned +0.5% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Broadcast Radio and Television industry, to which Warner Bros. Discovery belongs, has gained 11.9% over this period. Now the key question is: Where could the stock be headed in the near term?