Discovery Communicatns New (DISCK) Stake Increased by Boothbay Fund Management Llc

June 29, 2018 - By Estela Ashley

Discovery, Inc. (NASDAQ:DISCK) Corporate Logo

Boothbay Fund Management Llc rose its holdings by 2126.94% in Discovery Communicatns New (DISCK), according to 2018Q1 Securities and Exchange form. 211,333 shares were bought by Boothbay Fund Management Llc as the company’s stock declined 12.09% with the market. The institutional investor is holding 221,269 shares, compared to the 9,936 from the previous quarter. And the reported value of the consumer services company is $4.32M for the 2018Q1. $19.61 billion is the market cap of Discovery Communicatns New. DISCK is hitting $25.99 during the last trading session, after decreased 1.18%.Currently Discovery, Inc. is downtrending after 16.20% change in last June 29, 2017. DISCK has also 1.18 million shares volume. The stock underperformed the S&P500 by 28.77%.

Boothbay Fund Management Llc operates about $486.48M and $844.48M US Long portfolio. Its stake in Alibaba Group Hldg Ltd (NYSE:BABA) was decreased by 28,694 shares to 26,481 shares valued at $4.86M in 2018Q1, according to the filing. For a total of 583 shares it reduced its holding in Spdr S&P 500 Etf Tr (Put) by 367 shares in the quarter, and has cut its stake in Fidelity Natl Information Sv (NYSE:FIS).

There’s a significant Discovery, Inc. (NASDAQ:DISCK) news released by Nasdaq.com. It’s an item titled: “Recent Analysis Shows Darling Ingredients, STORE Capital, Frontier Communications, Discovery, AMETEK, and …” on June 27, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.