Warner Bros. Discovery's TV struggles come into sharp focus as stock plunges
LOS ANGELES " Warner Bros. Discovery's sluggish performance and $9 billion write-down in the value of its cable TV channels is rattling investors, sending the beleaguered company's stock on a steep slide. Shares fell as much as 11% in early trading Thursday after the company acknowledged during its second quarter earnings call that the expected loss of its NBA contract had negative ...
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