The stock of Warner Bros. Discovery rose on the first day of trade.

On Monday, the first trading day of Warner Bros Discovery Inc, the media and streaming company established from the $43 billion merger of Discovery Inc and AT&T Inc assets, shares of Warner Bros Discovery Inc soared.
Before the bell, Warner Bros Discovery stock was up 0.8 percent to $24.62, while AT&T stock was up 2% to $18.62.