Warner Bros. Discovery shares fall 3.94% intraday amid media shakeup and mixed market sentiment.

Warner Bros. Discovery, Inc. declined 3.94% in intraday trading. The company recently announced a split of its streaming services from cable TV, which may have contributed to the stock's decline. Additionally, the broader market sentiment was negative, with the Dow and S&P 500 slipping, which could have further impacted the stock's performance.