Discovery (DISCA) is today’s Under 30 stock. George Tsilis, Contributor at the TD Ameritrade Network, joins Alex Coffey and Jenny Horne to discuss DISCA as AT&T (T) is to spin off interest in WarnerMedia after closing DISCA transaction. They talk about how this T spin off deal is expected to close in 2Q22. They then go over how DISCA shareholders are to own 29% of Warner Bros. Discovery, and T shareholders are to own 71% of Warner Bros. Discovery. Warner Bros. Discovery will be listed on the NASDAQ under the ticker “WBD.” Tune in to find out more.
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