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DIS - Warner Bros. Discovery: At $7.50 Still No Sign Of Bottom Fishers
The Walt Disney Company
2024-06-16 13:35:07 ET
Summary
WBD's stock price has fallen to $7.50, attracting no bottom fishers despite potential value.
ROKU, a related stock, has also fallen significantly with no signs of recovery, reflecting industry challenges.
Despite strong FCF and debt repayment by WBD, market sentiment remains cautious, with analysts projecting a moderate buy.
WBD's IP is undeniably rich, but few believe it at $7.50 a share offers a pathway to growth ahead to even take a strong dice roll shot at the price. ...