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Warner Bros Discovery Inc
Company Overview: Warner Bros. Discovery, Inc. (NASDAQ: WBD) is a global media and entertainment company. The Company operates through three segments: Studios, Networks, and DTC. The Studios segment consists of the production and release of feature films for initial exhibition in theatres, production, and initial licensing of television programs to third parties.
As per our previous US Diversified Opportunities Report published on ‘WBD’ on 28th March 2024, Kalkine provided an ‘Buy’ stance on the stock at USD 8.64 based on “decent fundamentals, other key financial highlights, the upside indicated by valuation and key risks” and the stock price has now moved by ~15.97% since then and attained resistance 1.
Noted below are the details of support and resistance levels provided in our previous report:
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