At least early on, it doesn't appear that Wall Street is reacting super-enthusiastically to "Warnamount," the new slanguage that just emerged following Axios' report Wednesday that Warner Bros. Discovery CEO David Zaslav sat down earlier this week to discuss merger with Paramount Global chief executive Bob Bakish.
For starters, stock prices for both companies are (further) down since the news broke -- just over 6% for Paramount and about 4.5 % for WBD.
