Warner Bros. Discovery’s stock: Long-term downtrend finally over?
Shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD) have seen a long-term downtrend since its formation from WarnerMedia’s spin-off by AT&T and merger with Discovery, Inc. The stock plummeted from $24 levels during the time of the merger to below $8 last month. However, recent developments, including the Q1 earnings report, have sparked enthusiasm among investors