Warner Bros. Discovery stock plunges as movie flops ‘The Color Purple,’ ‘Aquaman’ sink earnings

Warner Bros. Discovery stock plunges as movie flops ‘The Color Purple,’ ‘Aquaman’ sink earnings

Warner Bros. Discovery on Friday reported worse-than-expected quarterly earnings — due in large part to box office flops from its movie studio — sending the media giant’s shares plummeting more than 9% in midday trading. The David Zaslav-run company — which along with Warner Bros. studios, owns CNN, TNT and streaming service Max — reeled … Read more