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Kiplinger
Kiplinger
Business
Joey Solitro

Warner Bros. Discovery Stock Up After Earnings, Disney Plus Bundle Deal

Disney Discovery Warner Bros Warner Bros Discovery David Zaslav WBD
The Warner Bros. logo on a smartphone with the Discovery logo on a laptop in the background.

Warner Bros. Discovery (WBD) stock is higher in afternoon trading Thursday as investors parse the company's first-quarter earnings report and news of a streaming bundle offer with Walt Disney (DIS).

In the three months ended March 31, Warner Bros. Discovery's revenue decreased 7% year-over-year to $9.96 billion. Its per-share loss of 40 cents from a loss of 44 cents in the year-ago period. 

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