Warner Bros. Discovery Stock Price Decline

Warner Bros. Discovery stock price has drastically declined due to concerns about its streaming and cable business, despite owning popular brands like CNN and HBO. The company faces challenges from the decline in cable subscriptions and increasing competition from platforms like Netflix and TikTok. However, its direct-to-consumer segment is growing with over 97.7 million subscribers. Warner Bros. Discovery also faces significant debt but is seen as undervalued compared to its peers. The stock is currently in a bearish trend but shows signs of a potential bounce back.