Discovery Shares Move Higher As Traders Bet That Forced Selling Is Over Discovery stock is moving higher after the huge sell-off as traders bet that the selling pressure from the default of hedge fund Archegos Capital has come to an end.
Full Answer
Why are shares of discovery stock prices falling?
Jan 07, 2022 · Why Discovery Stock Is Soaring Today By James Brumley - Jan 7, 2022 at 1:18PM Key Points The combination of AT&T's WarnerMedia and Discovery will create a streaming powerhouse. Shares of Discovery...
Was Discovery’s 27% stock drop caused by insider trading?
1 hour ago · Warner Bros. Discovery (WBD) stock is down 50%, in part because legacy WarnerMedia underperformed guidance on AT&T's watch. See why the bear thesis is wrong.
Is it profitable to invest in Discovery Inc-Class A stock?
Mar 30, 2021 · Discovery Shares Move Higher As Traders Bet That Forced Selling Is Over Discovery stock is moving higher after the huge sell-off as traders bet that the selling pressure from the default of hedge...
Is discovery (disca) stock up 90% today?
Mar 26, 2021 · Trading volume on Discovery stock was extraordinarily high today, approaching 50 million shares before 2 p.m. EDT. This indicates that an institutional investor may have decided to sell some of its...
What happens to my att stock with Discovery merger?
Is WBD a buy?
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Warner Brothers Discovery Stock Is a Speculative Buy At Best.
| Ticker | Company | Current Price |
|---|---|---|
| WBD | Discovery | $23.94 |
Is Discovery a good share to buy?
Will Warner Brothers Discovery pay a dividend?
Who owns WBD stock?
Who is WBD stock?
Can you buy Discovery stock?
What is Discovery worth?
| Logo from 2018–2022 | |
|---|---|
| Formerly | Cable Educational Network Inc. (1985–1994) Discovery Communications (1994–2018) |
| Net income | US$1.355 billion (2020) |
| Total assets | US$34.087 billion (2020) |
| Total equity | US$12.000 billion (2020) |
Can you buy Discovery shares?
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Discovery shares at a glance.
| Open | R14,500.00 |
|---|---|
| Volume more info button | 1,074,487 |
What did Warner Brothers spin-off from?
Is WarnerMedia publicly traded?
What is the stock symbol for Time Warner?
Why did ViacomCBS stock fall?
ViacomCBS shares fell, in part because of a downgrade from Wells Fargo, which lowered its rating on the Paramount+ owner to underweight. Wells Fargo said that after a recent equity raise, momentum in the stock seemed to be fading and its valuation would move back to a more normalized level.
Why is Discovery+ correction justified?
While Discovery should be rewarded for the strong early results from Discovery+, the correction is justified because the value of the company hasn't tripled in just a few months.
Is Discovery trading so volatile?
There was no particular news out on Discovery, but trading was so volatile that it was temporarily halted this morning. However, Discovery said that the volatility was not the result of insider transactions or trading.
How much of Discovery stock is held by institutions?
Only 0.01% of the stock of Discovery is held by institutions.
When is Discovery earnings call?
How can I listen to Discovery's earnings call? Discovery will be holding an earnings conference call on Tuesday, August 3rd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-621-4642 with passcode "8782436".
What is the DISCB symbol?
Discovery trades on the NASDAQ under the ticker symbol "DISCB."
What is the P/B ratio of Discovery?
Discovery has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Where is Discovery located?
Discovery's mailing address is 12300 LIBERTY BOULEVARD, ENGLEWOOD CO, 80112. The company can be reached via phone at (240) 662-2000 or via email at [email protected].
Who sold Discb stock?
DISCB stock was sold by a variety of institutional investors in the last quarter, including Kessler Investment Group LLC.
Does Discovery pay dividends?
Discovery does not currently pay a dividend.
Why It Matters
None of what we’re seeing this morning is surprising. A positive report from a respected analyst is usually enough to send a stock into the green, but the fact that it was primarily driven by an important merger should be exactly what Discovery needs to propel growth.
What It Means
As of now, all signs point to the positive report being correct in its assertions that DISCA stock is destined for growth in 2022. Discovery clearly has its eye on significant expansions for the coming years and acquiring a company as dynamic as WarnerMedia will only serve to boost its already vast viewership and subscriber base.
DISCA Target Price
DISCA price target in 14 days: 32.925 USD* upside and 28.061 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Discovery Inc - Class A ( DISCA ) Stock Market info
Recommendations: Buy or sell Discovery Inc - Class A stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Discovery Inc - Class A share forecasts, stock quote and buy / sell signals below.
Do retail investors have strength?
Retail investors have found strength in numbers, and appear willing to exploit any opportunities in the market today. Accordingly, it appears traders are riding their coattails right now and getting in on the action.
Is Discb stock volatile?
Indeed, the implied volatility on DISCB stock right now is extremely high. A bet in either direction could turn out poorly for those betting too big, so staying on the sidelines may be the best choice.
