Shares of Discovery Inc. (NASDAQ:DISCK) traded today at $61.61, eclipsing its 52-week high. This new high was reached on below average trading volume as 2.6 million shares traded hands, while the average 30-day volume is approximately 7.5 million shares.
Discovery Inc. (NASDAQ:DISCK) defies analysts with a current price ($60.80) 5.6% above its average consensus price target of $57.42.
In the past 52 weeks, shares of Discovery Inc. have traded between a low of $15.43 and a high of $61.61 and is now at $60.80, which is 294% above that low price.
Discovery is the one of the largest global media providers with over 2 billion cumulative subscribers in over 220 countries. Its three traditional networks (Discovery, TLC, and Animal Planet) each reach over 85 million U.S. households and more than 200 million international subscribers. The top two networks (HGTV and Food Network) acquired in the Scripps transaction are available in more than 87 million households in the U.S. The international segment consists of national and pan-regional networks over 294 unique distribution feeds in more than 45 languages.
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