Shares of $WBD jumped more than 15% yesterday (more in Flash News). Overall, the company has been doing quite well lately, with shares up several dozen percent over the past few months . I had shares of $WBD in my portfolio a while ago, but sold due to uncertain developments and fundamentals.
Do you have shares of $WBD in your portfolio?
The stock doesn't outperform the SP500, so that's already info and reason enough for me not to buy their stock.
I don't find Warner Bros that interesting and would rather choose something else, so I'd much rather buy either $DIS or $NFLX.
I still have the shares in my portfolio, but I will see how the company does next year and what the next results will be.