Shares of Discovery Inc. Series A DISCA, -0.46% sank 0.46% to $28.21 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.84% rising 0.84% to 4,521.54 and the Dow Jones Industrial Average DJIA, +1.06% rising 1.06% to 35,462.78. This was the stock’s third consecutive day of losses. Discovery Inc. Series A closed $49.93 below its 52-week high ($78.14), which the company reached on March 19th.
The stock underperformed when compared to some of its competitors Tuesday, as Walt Disney Co. DIS, -0.02% fell 0.02% to $142.48, Comcast Corp. Cl A CMCSA, +0.72% rose 0.72% to $49.21, and AMC Networks Inc. Cl A AMCX, +4.56% rose 4.56% to $41.50. Trading volume (5.4 M) remained 3.6 million below its 50-day average volume of 9.0 M.