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Warner Bros Discovery Stock Jumps on Streaming Momentum, M&A Outlook

Variety
Story by Todd Spangler
from Variety
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Warner Bros. Discovery stock soars on streaming growth and M&A speculation under a potential Trump presidency
beat sheet
  • WBD shares jumped over 15% after reporting Q3 results, reaching their highest levels in nearly 9 months
  • Investors are optimistic about the company's progress on its Max streaming service and the possibility of industry consolidation under a Trump administration
call sheet
Donald Trump, Warner Bros. Discovery
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