Warner Bros. Discovery Shares Pummeled After Glum Outlook For U.S. Advertising ...Middle East

Investors bid down shares of Warner Bros. Discovery today as its chief financial officer described a U.S. ad market “that has continued to be weaker than we had hoped” and a recovery that’s hard to predict “with any conviction.” The shares are down more that 16% at about $9.77 in midday trading after quarterly earnings […]

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