AMC Stock – Discovery Inc. Series A stock underperforms Thursday when compared to competitors
Shares of Discovery Inc. Series A
slipped 2.64% to $28.78 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.86% to 4,320.82 and Dow Jones Industrial Average
falling 0.75% to 34,421.93. This was the stock’s fourth consecutive day of losses. Discovery Inc. Series A closed $49.36 short of its 52-week high ($78.14), which the company reached on March 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Walt Disney Co.
fell 0.01% to $172.80, Comcast Corp. Cl A
rose 0.10% to $58.23, and AMC Networks Inc. Cl A
fell 3.46% to $58.86. Trading volume (7.0 M) remained 3.2 million below its 50-day average volume of 10.2 M.