Warner Bros. Discovery stock falls to all-time low

Shares in Warner Bros. Discovery plummeted to an all-time low Tuesday, as the company fights to retain broadcasting rights to the NBA and shore up Wall Street's confidence in its financial future.

The company's stock was trading at less than $8 per share as of Wednesday morning, with Bloomberg noting the price reflected an all-time low since the massive media conglomerate was formed in 2022.

Warner Bros. Discovery's stock fell by double digits this week following a report...