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Zacks Investment Research upgraded Discovery Communications Inc. (NASDAQ:DISCB) to Hold in a statement released earlier today.

Zacks Investment Research has upgraded Discovery Communications Inc. (NASDAQ:DISCB) to Hold in a report released on 6/19/2017.

Yesterday Discovery Communications Inc. (NASDAQ:DISCB) traded -7.36% lower at $26.65. The company’s 50-day moving average is $24.32 and its 200-day moving average is $26.77. The last closing price is down -17.83% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 185 shares of the stock traded hands, up from an average trading volume of 83

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Discovery Communications Inc. (NASDAQ:DISCB)

Discovery Communications Inc. has a 52 week low of $21.60 and a 52 week high of $30.80 with a P/E ratio of 11.67 The company’s market cap is currently $0.

General Information About Discovery Communications Inc. (NASDAQ:DISCB)

Discovery Communications, Inc. (Discovery) is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments include U.S. Networks, which consists principally of domestic television networks and digital content services; International Networks, consisting primarily of international television networks and digital content services, and Education and Other, which consists principally of curriculum-based product and service offerings, and production studios. The Company's portfolio of networks includes television brands, such as Discovery Channel, Animal Planet, ID, Velocity (known as Turbo outside of the United States) and Eurosport. It is also engaged in extending content distribution across various platforms, including brand-aligned Websites, Web-native networks and online streaming.

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