After three sombre days of declines, Warner Bros was up 1.27% Friday

Friday at a glance: Warner Bros. Discovery, Inc. rose 18 cents to close at $14.34 Friday which makes for a move of 1.27%.

• Daily trading volume (31.73 million shares) was higher than the current multiday average of 18.27 million.

Friday's closing bell ended a trading session in which 3,916.64 is S&P 500's close value. Nasdaq ended the session at 11,631, having lost 0.74%. Warner Bros. Discovery's gains were in line with the Communication Services sector which was up 0.216% as a whole.

The US media colossus is up 59.64% from the significant low of $8.87 it hit 2 months ago. So far this year, it has performed better than the Nasdaq by 39.44%. The company is currently trading with a market cap of $34.85 billion with an average daily trading volume of 18.27 million shares. Warner Bros expected revenue of $10.36 billion with an EPS of -3 cents.

A look at other communication services stocks also showed bullish price action as Alphabet traded at $102.46 after closing Friday's trading day at $101.07 (up 1.38%).

Warner Bros. Discovery went up Friday, yet these communication services stocks did not follow — Meta Platforms dips 4.55% Friday to close at $204.93. AT&T slips 1.41% Friday to close at $18.39.