Recent trading action in Warner Bros Discovery (WBD) shares suggests that investors may be starting to look past all of the merger integration issues that have dominated the headlines and depressed the stock on both an absolute and relative basis through 2022. WBD joined the SIA NASDAQ 100 Index Report in December and this month it has shot up the rankings moving from deep in the red zone to the Green Favored Zone. Yesterday, WBD finished in 22nd spot, up 77 places in the last month.
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