By Anthony D'Alessandro
WBD Stock Analysis: Why I'm Buying Warner Bros. Discovery Stock! $WBD Stock
Editorial Director/Box Office Editor
Warner Bros. Discovery is reportedly looking to spin off its streaming and studio operations from its linear networks in a bid to boost its flagging stock price.
WBD shares closed at $8.34, +0.34% on Wednesday, but the media company is down from its 52-week high of $14.76 and currently has a market cap of $20.3 billion.