International Companies

Warner Bros Discovery stock hits record low on Q2 miss, $9bn write-down

By Benjamin Chiou

Date: Thursday 08 Aug 2024

(Sharecast News) - Shares in Warner Bros. Discovery tanked in New York on Thursday after the entertainment company missed estimates with its second-quarter results and booked a $9.1bn impairment charge from its Networks division.
The stock was down nearly 12% at $6.80 by 0957 in New York, having touched a low...

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