Discovery Inc. Series A stock rises Wednesday, outperforms market
Shares of Discovery Inc. Series A
advanced 2.09% to $26.81 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.85% to 4,480.70 and the Dow Jones Industrial Average
rising 0.68% to 34,814.39. Discovery Inc. Series A closed $51.33 below 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 Wednesday, as Walt Disney Co.
rose 1.10% to $184.41, Comcast Corp. Cl A
rose 2.54% to $57.00, and AMC Networks Inc. Cl A
rose 1.85% to $47.42. Trading volume (7.6 M) eclipsed its 50-day average volume of 5.3 M.