DIS Stock – Discovery Inc. Series A stock falls Friday, underperforms market
Shares of Discovery Inc. Series A
shed 1.27% to $37.34 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.36% to 4,185.47 and the Dow Jones Industrial Average
rising 0.48% to 34,200.67. This was the stock’s third consecutive day of losses. Discovery Inc. Series A closed $40.80 short of its 52-week high ($78.14), which the company reached on March 19th.
The stock underperformed when compared to some of its competitors Friday, as Walt Disney Co.
rose 0.72% to $187.26, Comcast Corp. Cl A
rose 1.79% to $55.11, and AMC Networks Inc. Cl A
rose 2.36% to $52.86. Trading volume (15.8 M) eclipsed its 50-day average volume of 15.5 M.