Alexia Quadrani: Celebs Rumors

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Warner Bros. Discovery Stock Falls to New Low Amid Market Turmoil, Analyst Downgrade

Todd Spangler NY Digital EditorWarner Bros. Discovery’s brutal year in the stock market hit a new bottom, as shares of the media conglomerate sank 8.1% Thursday — taking a bigger punch than peers.With the stock drop Thursday, to close at $13.65/share, WBD’s market cap stands at about $33.1 billion. That’s well under its current debt load of some $55 billion.
variety.com

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