Shares of Discovery Communications (DISCK) Drops by -0.45%

Discovery Communications (DISCK) : During the past 4 weeks, traders have been relatively bearish on Discovery Communications (DISCK), hence the stock is down -5.81% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.92% relative to the S&P 500. The 4-week change in the price of the stock is -1.7% and the stock has fallen -0.45% in the past 1 week. The stock has recorded a 20-day Moving Average of 0.85% and the 50-Day Moving Average is 4.6%.

Discovery Communications (NASDAQ:DISCK): The stock opened at $24.77 on Friday but the bulls could not build on the opening and the stock topped out at $24.77 for the day. The stock traded down to $24.03 during the day, due to lack of any buying support eventually closed down at $24.33 with a loss of -1.58% for the day. The stock had closed at $24.72 on the previous day. The total traded volume was 1,911,939 shares.


The company Insiders own 4.97% of Discovery Communications shares according to the proxy statements. Institutional Investors own 51.66% of Discovery Communications shares.

Discovery Communications, Inc. (Discovery) is a media company. The Company provides content across multiple distribution platforms, including pay-TV, free-to-air and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Discovery operates in three segments: U.S. Networks, consisting of domestic television networks and Websites; International Networks, consisting of international television networks and Websites, and Education and Other. The Companys U.S. Networks segment consists of national television networks. The U.S. Networks segment owns and operates 10 national television networks. The Companys International Networks segment consists of national and pan-regional television networks. The Companys Education and Other segment consists of curriculum-based product and service offerings, and production studios. The Companys subsidiaries include Discovery Holding Company (DHC) and Discovery Communications Holding, LLC (DCH).

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