Warner Bros. Discovery and AT&T Both End Week With Stock Up 3%
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variety.comJennifer Maas TV Business WriterWarner Bros. Discovery and AT&T each ended the trading week with their respective shares selling at a 3% increase from where the stocks opened Monday.The newly formed Warner Bros.
Discovery, born out of the $43 billion merger of Discovery, Inc. and WarnerMedia last Friday, started its first day on the Nasdaq at $24.08 per share.
By the time the stock market closed Thursday — a day earlier than usual for Wall Street, due to the holiday weekend — WBD stock was at $24.88.Warner Bros.
Discovery’s combined assets include Warner Bros. film studio, HBO, TNT and CNN as well as Food Network, HGTV, TLC and Animal Planet.
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