Why Warner Bros Discovery Inc. (WBD) Went Up On Monday?

We recently published a list of 10 Firms Kick Off Trading Week Stronger. In this article, we are going to take a look at where Warner Bros Discovery Inc. (NASDAQ:WBD) stands against other firms that kicked off the trading week stronger.

The stock market began the trading week on a mixed note as investors continued to digest President Donald Trump’s new tariff agenda, with all economies expecting to be hit by import taxes.

Among all major indices, only the Nasdaq registered losses, down 0.14 percent. In contrast, the Dow Jones jumped by 1 percent while the S&P 500 grew by 0.55 percent.

Despite the broader market downturn, 10 individual stocks stood their ground, finishing the day in the green amid a flurry of fresh corporate developments that boosted investor appetite.

In this article, we named Monday’s top performers and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume.

A movie theater auditorium filled with an audience enjoying a blockbuster film.

Warner Bros Discovery Inc. (NASDAQ:WBD)

Warner Bros saw its share prices grow by 3.47 percent on Monday to finish at $10.73 apiece as investors cheered news that it was officially replacing studio heads Mike de Luca and Pam Abdy following a series of box office flops.

According to a report by Bloomberg, WBD Chief Executive Officer David Zaslav is in talks with potential successors to de Luca and Abdy which triggered the box office failures of “Alto Knights,” “Mickey 17” and “Joker: Folie à Deux,” with the latter raking in only around $200 million following the first Joker’s $1 billion revenues.

De Luca and Abdy were expected to present Warner Bros’ upcoming film slate at the CinemaCon on Tuesday, where they were expected to roll out an ambitious 2025 that included pricey bets on filmmakers such as Paul Thomas Anderson and Ryan Coogler, as well as a DC reboot with James Gunn’s “Superman.”

Overall, WBD ranks 10th on our list of firms that kicked off the trading week stronger. While we acknowledge the potential of WBD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as WBD but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.