Warner Bros. Discovery shares are trading lower. It was reported late Monday that two members resigned from the board amid a Justice Department antitrust investigation.
Portfolio Pulse from Benzinga Newsdesk
Warner Bros. Discovery shares are trading lower following the resignation of two board members amid a Justice Department antitrust investigation.

April 02, 2024 | 7:14 pm
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Warner Bros. Discovery shares are trading lower due to the resignation of two board members amid a Justice Department antitrust investigation.
The resignation of two board members amid a significant antitrust investigation by the Justice Department is likely to create uncertainty among investors, potentially leading to a decrease in stock price in the short term. The direct involvement of the company in a legal issue of this magnitude can affect investor confidence and perception, thus impacting the stock negatively.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100