NASDAQ:DISCB
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Discovery Communications Stock News

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$24.37
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At Close: Aug 17, 2022

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04:07pm, Friday, 07'th Jan 2022 Seeking Alpha
Gainers: Discovery DISCA +18%. Discovery (DISCK) +18%
The stock price of Discovery, Inc. (NASDAQ: DISCA) (NASDAQ: DISCB) increased by over 18% during intraday trading today. This is why it happened.

Why Discovery Stock Is Soaring Today

01:18pm, Friday, 07'th Jan 2022
An upgrade only pointed out an obvious reality that actually came back into view late Wednesday.
Futures Rise Ahead Of Jobs Data That Could "Wreak Havoc In Markets" US index futures climbed on Friday, paring this weeks losses fractionally as investors braced for jobs data that should provide clues about the pace of Fed tightening and which is expected to come in strong (whisper number at 502k, above 447k estimate, up from 210K last month; Wednesdays ADP print was 807k, well above 410k estimate, our full preview is here ) but not too strong - remember we now live in a "good news is bad news" world - or else the market will freak out that the Fed will hike even faster than is currently expected. Nasdaq futures also showed signs of recovery after a three-day selloff even as cryptocurrencies crashed again during the Asian session. As of 730am, emini S&P futures were up 4 points or 0.1%, Nasdaq futures were 0.24% higher, or 37 points and Dow futures were unchanged.Treasuries were steady, with the two-year yield heading for the biggest weekly spike since October 2019. Crude oil headed for the longest streak of weekly gains since October on tightening supplies.
Discovery Communications stock surged higher, after an analyst upgraded the stock in a 30-page report and predicted strong gains.
Bank of America predicts the merger could create a “global media powerhouse.”
The merger of Discovery Communications Inc (NASDAQ:DISCA) with AT&T Inc (NYSE:T)'s WarnerMedia will create a “global media powerhouse driven by creative and content leadership,” according to BofA
A new analyst report has DISCA stock shooting up today. Here's why the impending deal with AT&T is helping both companies.
Shares of Discovery Inc. rocketed Friday, and were on track for their best day in more than 13 years, after a Bank of America analyst chimed in with an upbeat view of the company's prospects in stream

Why Discovery Shares Are Rising Today

10:23am, Friday, 07'th Jan 2022
Discovery Inc (NASDAQ: DISCA) is trading higher Friday following bullish analyst coverage from BofA Securities. BofA Securities analyst Jessica Relf Ehrlich upgraded Discovery from a Neutral ratin

ViacomCBS: A Deal Waiting To Happen

05:39am, Friday, 07'th Jan 2022 Seeking Alpha
The scandal that has seen the implosion of Bill Hwang's family office has caused almost $20 billion to be wiped off the markets. Read to know if Viacom presents an interesting opportunity...

AT&T To Spin-Merge WarnerMedia With Discovery

02:14pm, Thursday, 06'th Jan 2022
T, $25.64, Market Capitalization: $183.1 billion) announced that the company had received a favorable ruling from the IRS, signaling the deal to combine WarnerMedia with Discovery would be tax-free fo
Last year will go down with many records set in the investment world. A record number of companies went public via IPO, a record number of public listings happened in 2021, the SPDR S&P 500 ETF Trust
AT&T Inc (NYSE: T) won a “favorable” ruling from the Internal Revenue Service for the planned merger of its entertainment company WarnerMedia with television conglomerate Discovery Inc (NASDA
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