Mario Gabelli's position in Warner Bros. Discovery is currently worth $53.8M. That's 0.49% of their equity portfolio (47th largest holding). The first Warner Bros. Discovery trade was made in Q2 2022. Since then Mario Gabelli bought shares six more times and sold shares on nine occasions. The stake costed the investor $30.6M, netting the investor a gain of 76% so far.
Mario Gabelli, chair and CEO of GAMCO Investors, joins 'Money Movers' to discuss the sale of Warner Bros. Discovery, market themes, and more.
John Belton of Gabelli Funds reacts to Netflix's fourth-quarter earnings on "Bloomberg The Close." He says the top-line numbers look generally healthy, but m...