Warner Bros. Discovery Inc. Series A stock outperforms competitors on strong trading day

Warner Bros. Discovery Inc. Series A stock outperforms competitors on strong trading day

Shares of Warner Bros. Discovery Inc. Series A WBD, +0.24% inched 0.24% higher to $8.46 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.31% falling 0.31% to 5,218.19 and Dow Jones Industrial Average DJIA, -0.41% falling 0.41% to 39,313.64.

The stock’s rise snapped a two-day losing streak.

Warner Bros. Discovery Inc. Series A closed $7.10 below its 52-week high ($15.56), which the company reached on April 11th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc. AAPL, -0.83% fell 0.83% to $170.85, Amazon.com Inc. AMZN, +0.47% rose 0.47% to $179.71, and Netflix Inc. NFLX, -0.09% fell 0.09% to $627.46.

Trading volume (28.1 M) eclipsed its 50-day average volume of 27.4 M.

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