Warner Bros Discovery Trading Volume Plummets 45% to 189th Position

On April 1, 2025, Warner Bros. Discovery (WBD) experienced a significant decline in trading volume, with a total of 4.41 billion shares traded, marking a 45.18% decrease from the previous day. This drop placed WBD at the 189th position in terms of trading volume for the day. The stock price of WBD also decreased by 4.85%.

Warner Bros. Discovery has announced the appointment of Anton Levy as an independent director to its Board of Directors. This addition is in preparation for the 2025 Annual Meeting of Stockholders. Levy, who currently serves as an Advisory Director at General Atlantic, brings a wealth of experience in technology investments and a proven track record of value creation. His extensive background includes leading key investments in prominent technology companies such as Airbnb, Alibaba Group, Crowdstrike, Facebook, Klarna AB, Mercado Libre, Slack, Snapchat, Squarespace, and Uber.

Levy's appointment follows the addition of two other independent directors in January: SoFi CEO Anthony Noto and Joey Levin, chairman of Angi and former CEO of IAC. This move underscores WBD's commitment to strong corporate governance. Levy began his career at General Atlantic in 1998 and has held several senior leadership roles, including serving on the firm's Investment, Portfolio, and Executive Committees. He has been recognized on the Forbes Midas List of top investors annually from 2014 to 2024.

Levy holds a B.S. from the McIntire School of Commerce at the University of Virginia and an M.B.A. from Columbia Business School. Information about the Annual Meeting will be available in the proxy statement, which will be filed with the SEC in due course. This strategic addition to the board is expected to enhance WBD's leadership and governance, potentially influencing investor confidence and future stock performance.