Discovery Up Nearly 11%, on Pace for Largest Percent Increase Since February 2009 -- Data Talk
November 07 2019 - 3:04PM
Dow Jones News
Discovery, Inc. Class A (DISCA) is currently at $30.68, up $2.99
or 10.82%
-- Would be highest close since July 30, 2019, when it closed at
$31.02
-- On pace for largest percent increase since Feb. 25, 2009,
when it rose 12.59%
-- Earlier Thursday, Discovery reported third-quarter net income
of $262 million, or 35 cents a share, compared with $117 million,
or 16 cents a share, a year earlier. The sharp increase resulted
partly from lower restructuring costs compared with a year ago,
when Discovery was reorganizing after its $11.9 billion purchase of
lifestyle TV giant Scripps Networks Interactive
-- Discovery said earnings per share on an adjusted basis were
87 cents, beating analysts' consensus of 82 cents
-- Currently up five of the past six days
-- Up 13.84% month-to-date
-- Up 24.03% year-to-date; on pace for best year since 2013,
when it rose 42.44%
-- Down 33.6% from its all-time closing high of $46.21 on Dec.
30, 2013
-- Traded as high as $30.90; highest intraday level since July
31, 2019, when it hit $31.05
-- Up 11.59% at today's intraday high; largest intraday percent
increase since Feb. 25, 2009, when it rose as much as 15.54%
-- Third best performer in the S&P 500 today
All data as of 2:28:33 PM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
November 07, 2019 14:49 ET (19:49 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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