WBD - What's Going On With Warner Bros. Discovery Stock Thursday? | Benzinga
Warner Bros. Discovery, Inc. (NASDAQ:WBD) shares are trading lower. Liberty Global on Thursday announced intentions to acquire Warner Bros. Discovery’s stake in Formula E.
What Happened: Liberty Global announced that it’s set to acquire shares held by Warner Bros. Discovery in the electric car racing series Formula E. The acquisition is expected to bring Liberty Global’s total ownership of Formula E up to 65%, giving Liberty controlling interest in the electric ...