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Warner Bros. Discovery Is Down 40% Since Its Debut. Time to Buy?

Warner Bros. Discovery Is Down 40% Since Its Debut. Time to Buy?

Here is why Warner Bros. Discovery's stock is struggling and two reasons it might be a good time to buy. What happened to Warner Bros. Discovery's stock? Warner Bros. Discovery formed last April when AT&T spun off Warner Bros. Media to merge with Discovery, Inc. The market almost immediately soured on the new entertainment conglomerate as its debt became a primary concern.