Bank of New York Mellon Adds to Stake in Warner Bros. Discovery
Bank of New York Mellon Corp increased its stake in Warner Bros. Discovery by 21.9% in the first quarter. Geode Capital Management also raised its holding by 1.6% in the fourth quarter, owning about 66.6 million shares valued near $1.91 billion. Weiss Ratings later raised the stock outlook by 1.1% in the second quarter.