Warner Bros. shares hit all-time low: what’s happening with entertainment giant? – entertainmentnews.biz
Warner Bros. Discovery Inc. shares hit their lowest level since the stock began trading in April of 2022, after the entertainment giant reported fourth-quarter revenue and profits that fell short of Wall Street forecasts amid declining TV advertising sales and weakness at its studios business. The Warner Bros (REUTERS) Sales, at $10.3 billion, fell 7% …