Warner Bros. Discovery, Inc. - Series A (WBD)
WBD moved a median of 0.00% 30 minutes after news, and -0.10% by the close. How WBD actually reacts to news — the realized, point-in-time move the market made, measured across 1,195 labeled events over the last three years with zero look-ahead.
WBD’s median reaction, across the day.
| Horizon | Median | % positive | Events |
|---|---|---|---|
| 5-min | -0.00% | 47% | 1,188 |
| 30-min | 0.00% | 49% | 1,190 |
| 60-min | 0.00% | 49% | 1,191 |
| to close | -0.10% | 45% | 1,193 |
| Middle 50% of WBD reactions | -0.57% to +0.52% |
|---|---|
| Median reaction (30-min) | 0.00% |
| Measured reactions | 1,195 |
Half of all Warner Bros. Discovery, Inc. - Series A news events land between -0.57% and +0.52% at 30 minutes.
Reaction stats as of 2026-09-21. Newest measured event . Reaction = percent move vs. the price at the news timestamp.
How WBD reacts, by analyst action.
| Event | Events | Median 30-min | % positive | Median to close |
|---|---|---|---|---|
| Analyst upgrades | 39 | +0.09% | 56% | 0.00% |
| Analyst downgrades | 50 | -0.00% | 48% | -0.11% |
| Coverage initiations | 11 | +0.70% | 55% | +0.15% |
| Rating reiterations | 159 | +0.12% | 57% | -0.03% |
| Price-target raises | 44 | +0.15% | 59% | -0.04% |
| Price-target cuts | 38 | +0.07% | 55% | -0.06% |
Last 3 years, pulled 2026-09-21. Reaction = percent move vs. the price at the news timestamp. Counts and medians only. The same measurement runs across every name in the dataset. See how WBD ranks against every other measured name →
That’s how WBD usually reacts — get an email when it moves on news →Email me when WBD moves on news.
One email per qualifying move — the headline, the measured reaction, and how it compares to WBD's baseline. Nothing else.
Recent WBD events, each with its measured reaction.
| Date | Headline | Event | Source | 5-min | To close |
|---|---|---|---|---|---|
| Form 15-12G Warner Bros. Discovery, | SEC filing · Form 15-12G | SEC EDGAR | — | — | |
| Form 15-15D Warner Bros. Discovery, | SEC filing · Form 15-15D | SEC EDGAR | — | — | |
| Form EFFECT Warner Bros. Discovery, | SEC filing · Form EFFECT | SEC EDGAR | — | — | |
| Form 8-K Warner Bros. Discovery, For: Sep 30 | SEC filing · Form 8-K | SEC EDGAR | — | — | |
| Form POS AM Warner Bros. Discovery, | SEC filing · Form POS | SEC EDGAR | — | — | |
| Form S-8 POS Warner Bros. Discovery, | SEC filing · Form S-8 | SEC EDGAR | — | — | |
| PARAMOUNT COMPLETES ACQUISITION OF WARNER BROS. DISCOVERY, CREATING A NEW GLOBAL ENTERTAINMENT LEADER, SKYDANCE | Press release | PR Newswire | — | — | |
| Skydance Announces Board, Adding Ynon Kreiz, Laurene Powell Jobs and Bobby Kotick as Directors and Tony Blair as Advisor | Press release | PR Newswire | — | — | |
| Paramount Skydance and Warner Bros. Discovery Announce Anticipated Closing Date of Paramount Merger | Press release | PR Newswire | +0.00% | +0.00% | |
| Warner Bros. Discovery Announces Intention to Delist Euro Notes from Nasdaq Global | Press release | PR Newswire | -0.02% | +0.16% | |
| Topsort Expands Commerce Media Beyond Owned Surfaces With Universal Ads | Press release | PR Web | +0.16% | +0.29% | |
| SWERVE STRICKLAND AND MAX B Unite for New Single; "COO COO" And The Second Release Under His New Label | Press release | PR Web | +0.00% | -0.05% | |
| Form 10-Q Warner Bros. Discovery, For: Jun 30 | SEC filing · Form 10-Q | SEC EDGAR | -0.21% | -0.02% | |
| Form 8-K Warner Bros. Discovery, For: Aug 06 | SEC filing · Form 8-K | SEC EDGAR | +0.46% | +0.76% | |
| Warner Bros. Discovery Reports Second Quarter 2026 Results | Press release | PR Newswire | +0.46% | +0.76% | |
| Warner Bros. Discovery to Report Second Quarter 2026 Results on Thursday, August 6 | Press release | PR Newswire | +0.00% | -1.62% | |
| Form 8-K Warner Bros. Discovery, For: Jun 09 | SEC filing · Form 8-K | SEC EDGAR | -0.82% | +0.30% | |
| Gray Media Taps Madhive's Omnichannel Platform to Power Next Evolution of Local Performance at Scale | Press release | PR Web | -0.11% | +2.34% | |
| Form 8-K Warner Bros. Discovery, For: Jun 04 | SEC filing · Form 8-K | SEC EDGAR | -0.15% | -0.41% | |
| Form 8-K Warner Bros. Discovery, For: May 26 | SEC filing · Form 8-K | SEC EDGAR | +0.09% | +0.41% | |
| Warner Bros. Discovery Announces Receipt of Requisite Consents for Proposed Amendments in Consent Solicitations | Press release | PR Newswire | +0.09% | +0.41% | |
| Form 8-K Warner Bros. Discovery, For: May 19 | SEC filing · Form 8-K | SEC EDGAR | -0.02% | +1.14% | |
| Warner Bros. Discovery Announces Commencement of Consent Solicitations | Press release | PR Newswire | -0.02% | +1.14% | |
| Form 10-Q Warner Bros. Discovery, For: Mar 31 | SEC filing · Form 10-Q | SEC EDGAR | +0.09% | -0.11% | |
| Form 8-K Warner Bros. Discovery, For: May 06 | SEC filing · Form 8-K | SEC EDGAR | +0.09% | -0.11% | |
| Warner Bros. Discovery Reports First Quarter 2026 Results | Press release | PR Newswire | +0.09% | -0.11% | |
| Form 8-K Warner Bros. Discovery, For: Apr 29 | SEC filing · Form 8-K | SEC EDGAR | +0.06% | +0.45% | |
| Form ARS Warner Bros. Discovery, For: Dec 31 | SEC filing · Form ARS | SEC EDGAR | +0.06% | +0.45% | |
| Form DEF 14A Warner Bros. Discovery, For: Jun 09 | SEC filing · Form DEF | SEC EDGAR | +0.06% | +0.45% | |
| Form DEFA14A Warner Bros. Discovery, | SEC filing · Form DEFA14A | SEC EDGAR | +0.06% | +0.45% | |
| Warner Bros. Discovery Updates the Date and Time of its First Quarter 2026 Earnings Call | Press release | PR Newswire | +0.02% | +0.00% | |
| Form 8-K Warner Bros. Discovery, For: Apr 23 | SEC filing · Form 8-K | SEC EDGAR | -0.06% | +0.26% | |
| Warner Bros. Discovery Stockholders Approve Transaction with Paramount Skydance | Press release | PR Newswire | -0.06% | -1.59% | |
| Form DEFA14A Warner Bros. Discovery, | SEC filing · Form DEFA14A | SEC EDGAR | -0.02% | +0.29% | |
| Warner Bros. Discovery to Report First Quarter 2026 Results on Thursday, May 7 | Press release | PR Newswire | -0.04% | +0.09% | |
| Are MKC, DBRG, WBD Obtaining Fair Deals for their Shareholders? | Press release | PR Newswire | -0.07% | -0.40% | |
| Form DEFA14A Warner Bros. Discovery, | SEC filing · Form DEFA14A | SEC EDGAR | -0.04% | -0.37% | |
| Form DEFM14A Warner Bros. Discovery, | SEC filing · Form DEFM14A | SEC EDGAR | -0.04% | -0.37% | |
| Warner Bros. Discovery Sets Shareholder Meeting Date of April 23, 2026 to Approve Transaction with Paramount Skydance | Press release | PR Newswire | -0.04% | -0.37% | |
| Form 8-K Warner Bros. Discovery, For: Mar 10 | SEC filing · Form 8-K | SEC EDGAR | +0.69% | +1.06% | |
| Form PREM14A Warner Bros. Discovery, For: Mar 16 | SEC filing · Form PREM14A | SEC EDGAR | +0.69% | +1.06% | |
| CoSM Announces "Supernal Light" at Entheon: An Exhibition Exploring the Transcendental Archetype of the Soul | Press release | PR Web | -0.07% | +0.04% | |
| BERNINA and Warner Bros. Discovery Global Consumer Products Bring New Harry Potter Inspired Machine to Sewing Rooms Worldwide | Press release | PR Web | +0.16% | -0.35% | |
| Form DEFA14A Warner Bros. Discovery, | SEC filing · Form DEFA14A | SEC EDGAR | +0.41% | +1.75% | |
| Form 10-K Warner Bros. Discovery, For: Dec 31 | SEC filing · Form 10-K | SEC EDGAR | +0.41% | +1.75% | |
| Form 8-K Warner Bros. Discovery, For: Feb 27 | SEC filing · Form 8-K | SEC EDGAR | +0.41% | +1.75% | |
| Form 8-K Warner Bros. Discovery, For: Feb 26 | SEC filing · Form 8-K | SEC EDGAR | +0.38% | +0.14% | |
| Form DEFA14A Warner Bros. Discovery, | SEC filing · Form DEFA14A | SEC EDGAR | -0.28% | -0.67% | |
| Warner Bros. Discovery Board of Directors Determines Revised Proposal from Paramount Skydance Constitutes a "Company Superior Proposal" | Press release | PR Newswire | -0.28% | -0.67% | |
| Warner Bros. Discovery Reports Fourth Quarter and Full Year 2025 Results | Press release | PR Newswire | +0.38% | +0.14% |
Each reaction is the move the market actually made, measured from the news timestamp. Headlines link through to the WBD section they belong to.
Where else WBD is measured.
WBD earnings → · Analyst actions → · SEC filings →
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Every name we’ve measured, in one place.
How the numbers are made.
How is Warner Bros. Discovery, Inc. - Series A's median reaction calculated?
Every labeled WBD news event is measured from its own timestamp: the last trade before the news is the base price, and the move is read at fixed horizons — 30 minutes of trading, then the close. The median across 1,195 events is what this page reports. Point-in-time, zero look-ahead: no event borrows information from a later one.
What counts as a positive reaction?
Any event whose price move is above zero at the horizon, relative to the last trade before the news timestamp. 49% of WBD's measured events are up at 30 minutes; the rest close the window flat or negative.
How often is this page updated?
The news table refreshes automatically as new events are labeled and priced. The reaction medians are re-pulled in batches from the dataset — the figures here are as of 2026-09-21.
Does WBD's past reaction predict its next one?
No. These are realized facts about past events, not forecasts. They describe a distribution — they say nothing certain about any future move.