Why Discovery Communications, Inc. Stock Fell 11.3% in October
![Why Discovery Communications, Inc. Stock Fell 11.3% in October Why Discovery Communications, Inc. Stock Fell 11.3% in October](https://g.foolcdn.com/editorial/images/462015/discovery-shark.jpg)
Shares of Discovery Communications, Inc. (NASDAQ: DISCA) (NASDAQ: DISCB) (NASDAQ: DISCK) fell 11.3% in October according to data provided by S&P Global Market Intelligence. Declines for its subscriber base, affiliate fees in the domestic market, and concerns about the viability of the pay-television model continued to weigh on the stock and added to its big year-to-date slide.
With cord-cutting altering the television landscape and online-based content presenting challenges to cable's value proposition, the market's waning confidence in Discovery makes sense. The company derives most of its revenues from its namesake television channels and reality-based TLC network, so it doesn't have much in the way of diversification to provide a cushion if its TV woes continue. That said, the company does have a strong, differentiated content slate, and its Discovery channel has been one of the most resilient in the American market amid market pressures.
Image source: Discovery.
Source: Fool.com
Warner Bros. Discovery Inc. Aktie
Wenige Einschätzungen bei Warner Bros. Discovery Inc. lassen noch kein klares Bild zu.
Für Warner Bros. Discovery Inc. sieht die Community ein Kursziel von 10 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 7.6 € bedeutet.