Discovery, Inc. (DISCK)
|Net Income (ttm)||1.22B|
|Trading Day||April 16|
|Day's Range||31.92 - 32.90|
|52-Week Range||16.80 - 66.70|
In the latest trading session, Discovery Communications (DISCA) closed at $37.82, marking a -1.46% move from the previous day.
Discovery (DISCB) stock is raging higher on Wednesday in what could be another short squeeze following news of a block sale. The post DISCB Stock: Is Another Short Squeeze Rally Lifting Discovery Shares...
Credit Suisse unloads its position in Discovery in wake of Archegos blowup
Discovery Class A shares slid more than 4 percent after CNBC reported Credit Suisse is still unloading its position in the wake of Archegos Capital Management's blowup. According to people familiar with...
Credit Suisse sells millions of shares of Discovery, according to traders
CNBC's David Faber reports that Credit Suisse is selling millions of shares of Discovery. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Jeff Mills and Steve Grasso.
Credit Suisse put large blocks of shares in media company Discovery Inc and iQIYI Inc on the market after regular trading ended on Tuesday, multiple sources said, as the bank continued unwinding positio...
Credit Suisse Group AG is still unloading its positions in media company Discovery Inc after losses relating to Archegos Capital Management, CNBC reported on Tuesday, citing traders.
Sources told CNBC's David Faber that the bank is looking to sell more blocks of the media company.
Both stocks started the month out vulnerable to a pullback, and as could have been expected, the selling was overzealous for all the wrong reasons.
The lesson is to beware of low-volume stocks.
The media company's lightly traded class B stock diverged dramatically from its class A shares on Wednesday.
Media and entertainment sector-specific exchange traded funds stood out Tuesday as Discovery (NasdaqGS: DISCA) and ViacomCBS (NasdaqBS: VIAC) bounced following an unprecedented selloff in response to a ...
Media stocks ViacomCBS Inc. (NASDAQ: VIAC) and Discovery Communications Inc (NASDAQ: DISCA) bounced back on Tuesday after a sharp two-day sell-off related to the unwinding of hedge fund Archegos Capital...
These 2 Media Stocks have dropped close to 50% from their recent all-time highs in a few days. Here I share some reasons why you should add them to your watchlist.
Analyst Michael Nathanson: We're selling Viacom, buying Discovery
ViacomCBS and Discovery both feel in trading Monday, though not nearly as much as last week amid the forced liquidation of those positions linked to Archegos Capital. Michael Nathanson, senior analyst a...
Reports are circulating that Bill Hwang's Archegos Capital was behind last Friday's trading frenzy, where many large-cap stocks slumped in value.
Shares in ViacomCBS fell sharply and Discovery Inc stock swung between gains and losses on Monday after steep declines last week triggered by a hedge fund defaulting on margin calls.ViacomCBS shares tra...
Wall Street head scratching over the recent, meteoric rise and fall of ViacomCBS and Discovery shares ended Monday with some aha! news — a little known, now bankrupt hedge fund had invested heavily then...
Jim Cramer's advice to new investors after Friday's margin call: 'Stay in the game'
Shares of ViacomCBS and Discovery both rebounded after coming under intense selling pressure last week. The two companies were believed to be hit by forced liquidation of positions held by the multibill...
There needs to be more disclosure by family offices: Vanity Fair's William Cohan
William Cohan, Vanity Fair special correspondent, joins "Squawk on the Street" to discuss news that Credit Suisse faces financial impact from margin call volatility among hedge funds. For access to live...
Here are some factors that contributed to ViacomCBS, Discovery's Friday drop
More information is coming out about what factors led to a huge drop of ViacomCBS and Discovery last Friday. The trail appears to lead back to a multibillion dollar family office known as Archegos Capit...
Streaming stocks like VIAC stock and DISCA continue to suffer on Monday thanks to the Archegos fallout and analyst downgrades. The post Streaming Stocks: 2 Big Reasons DISCA and VIAC Stocks Are Falling ...
LightShed's Rich Greenfield on media sector meltdown after Friday's margin call
Some of the selling pressure in select U.S. media stocks and Chinese internet ADRs on Friday was due to the forced liquidation of positions held by Archegos Capital, a source told CNBC. "For the last tw...
ViacomCBS, Discovery take hit following Archegos massive stock sale
Some of the severe selling pressure in select U.S. media stocks and Chinese internet ADRs on Friday was due to the forced liquidation of positions held by the multibillion dollar family office, Archegos...
Rumors of massive block trades have followed gyrations in the stock prices of some companies on Friday. A block trade involves a large number of shares and is privately negotiated between buyer and seller.
Some of the severe selling pressure in select U.S. media stocks and Chinese internet ADRs on Friday was due to the forced liquidation of positions held by Archegos Capital.
Shares in media companies ViacomCBS and Discovery Inc tumbled around 27% each on Friday, capping a week of declines and putting both stocks roughly 50% below their recent record highs.
ViacomCBS shed more than 50% for the week, while Discovery dipped about 45%
Streaming stocks are seeing big downturns today after notes from Wells Fargo hit DISCA and VIAC stock hard. The post Streaming Stocks: Why DISCA, ROKU, VIAC, DISCK Stocks Are Plunging Today appeared fir...
Shares in ViacomCBS and Discovery, which had led a remarkable surge in traditional media stocks in 2021, are continuing their week-long slides today. Less than two weeks after hitting all-time highs, bo...
Shares of Discovery and ViacomCBS tumbled on separate downgrades from Wells Fargo on Friday, as analysts expressed concerned that the media companies' recent gains may be overblown. In early-day trading...
Century Aluminum Co (NASDAQ: CENX) shares are trading higher by more than 18% Friday morning after the company announced it has finalized its Mt. Holly power contract, which it expects to result in a se...
A variety of different variables has made valuing media companies such as ViacomCBS, Discovery unusually tricky.
Discovery (DISCA) reported earnings 30 days ago. What's next for the stock?
These left-for-dead value stocks have rallied in 2021, and it could be just the beginning.
Shares in ViacomCBS and Discovery Inc tumbled on Wednesday, pausing a rally that has seen the stocks soar this year on increased appetite for value names, newly launched streaming services and an unwind...
DISCA stock is shooting upward on the promise of streaming revenue. But does that really mean growth over the cable era?
Discovery Inc stock rallied 18% in the last one week (five trading days) and has, in fact, completely outperformed the S&P 500 which increased only 1% last week. DISCK stock now trades at $53.
Shares of media company Discovery Inc. (NASDAQ: DISCA) closed at an all-time high on Monday and have more than doubled since January this year, likely benefiting from the short squeeze on heavily-shorte...
Move over GameStop: Discovery, AMC Networks are latest heavily shorted stocks to see huge 2021 gains
Discovery's new growth narrative around Discovery+ has caused shares to spike as short sellers covered bets.
Investors would be wise to pay attention to this trend, which will aggravate cable companies while enriching smaller, niche streaming operators.
Interest in media stocks is 'height of market irrationality,' says Guggenheim analyst
Andrew Wallenstein, Variety Intelligence Platform, and Michael Morris, Guggenheim Securities, join 'The Exchange' to discuss the renewed interest in media stocks and what's next for the space.
Discovery, Inc., a media company, provides content across various distribution platforms in approximately 50 languages worldwide. It operates in two segments, U.S. Networks and International Networks. The company owns and operates various television networks under the Discovery Channel, HGTV, Food Network, TLC, Animal Planet, Investigation Discovery, Travel Channel, Science, MotorTrend, Discovery en Español, Discovery Familia, Eurosport, TVN, Discovery Kids, Discovery Family, American Heroes Channel, Destination America, Discovery Life, DIY Ne... [Read more...]
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In 2020, Discovery's revenue was $10.67 billion, a decrease of -4.24% compared to the previous year's $11.14 billion. Earnings were $1.22 billion, a decrease of -41.08%.
According to 24 analysts, the average rating for Discovery stock is "Hold." The 12-month stock price forecast is 37.33, which is an increase of 15.75% from the latest price.