Check out the companies making the biggest moves midday: Warner Bros. Discovery — Shares jumped 7% after Warner said it will split into two publicly traded companies by next year. One company will host WBD’s streaming services and movie properties, while the other will include its cable networks such as CNN and TNT Sports. Universal…
Check out the companies making headlines in midday trading: Spotify — Shares of the music streaming company lost 3.5% on the back of disappointing results. Spotify reported first-quarter operating income of 509 million euros, while analysts polled by FactSet expected 519.9 million euros. Spotify’s revenue of 4.2 billion euros was in line with estimates, while…
Check out the companies making headlines in midday trading: Spotify — Shares of the music streaming company lost 3.5% on the back of disappointing results. Spotify reported first-quarter operating income of 509 million euros, while analysts polled by FactSet expected 519.9 million euros. Spotify’s revenue of 4.2 billion euros was in line with estimates, while…
