Discovery Inc. Series A stock falls Thursday, underperforms market
Shares of Discovery Inc. Series A
slumped 0.70% to $26.79 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.46% to 4,493.28 and Dow Jones Industrial Average
falling 0.43% to 34,879.38. This was the stock’s fourth consecutive day of losses. Discovery Inc. Series A closed $51.35 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.
rose 0.41% to $185.91, Comcast Corp. Cl A
fell 0.96% to $59.56, and AMC Networks Inc. Cl A
rose 5.18% to $46.49. Trading volume (4.9 M) remained 272,016 below its 50-day average volume of 5.2 M.