Warner Bros Discovery Surges to 297th in Trading Volume with $439 Million in Shares Traded

On May 12, 2025, Warner Bros. Discovery (WBD) saw a significant increase in trading volume, with a total of $439 million in shares traded, marking a 60.7% rise from the previous day. This surge placed WBD at the 297th position in terms of trading volume for the day. The stock price of WBD also experienced a notable increase, rising by 1.76% and marking its fifth consecutive day of gains, with a total increase of 10.27% over the past five days.

David Zaslav, the CEO of Warner Bros. Discovery, has been actively pushing for a global expansion of HBO/Max, which has sparked speculation about a potential split of the company's cable networks from its studio and streaming businesses. This move is seen as a strategic effort to unlock shareholder value by creating two more focused entities.

Recent reports from CNBC indicate that Warner Bros. Discovery is moving towards a company split, a development that was announced shortly after the company's quarterly earnings results. This potential split could significantly impact the company's future direction and investor sentiment.

Barclays has adjusted its target price for Warner Bros. Discovery, lowering it from $12.00 to $7.00 and maintaining an "equal weight" rating on the stock. This adjustment reflects the bank's assessment of the company's current market position and future prospects.