After-hours trading runs 4:00 PM – 8:00 PM ET.
WBD last traded at $28.03 after hours, down $0.01 (0.04%) from its regular-session close of $28.04.
📅 WBD is expected to report earnings around Nov 5, 2026 after the close (estimated), with an estimated EPS of $0.02. WBD earnings details →
Over the past 5 years, WBD has had 17 qualifying gap events (gaps of 5% or more at the open) — 10 gap-ups and 7 gap-downs. Gap-ups averaged +6.6%, 50% have fully filled, median time to fill 3 trading days. Gap-downs averaged -9.8%, 57% have fully filled, median time to fill 15.5 trading days. Most recent: a +6% gap up on Dec 8, 2025, still unfilled. Average 20-trading-day return after a WBD gap up: +4.59%. After a gap down: -5.19%.
| 1 day | 1 week | 2 week | 4 week | |
|---|---|---|---|---|
| fills 25% | 70% | 80% | 80% | 90% |
| fills 50% | 40% | 70% | 70% | 70% |
| fills 75% | 10% | 40% | 50% | 50% |
| fills 100% | 10% | 40% | 50% | 50% |
| 1 day | 1 week | 2 week | 4 week | |
|---|---|---|---|---|
| fills 25% | 43% | 71% | 71% | 71% |
| fills 50% | 14% | 43% | 43% | 71% |
| fills 75% | 0% | 14% | 29% | 43% |
| fills 100% | 0% | 14% | 29% | 29% |
| Date | Gap From | Gap % | Status | Days to 50% | Days to Fill | % of Gap Filled After | |||
|---|---|---|---|---|---|---|---|---|---|
| 1 day | 1 week | 2 week | 4 week | ||||||
| 2025-12-08 | $26.08 | +5.98% | Open | 1d | — | 51% | 51% | 51% | 51% |
| 2025-10-21 | $18.32 | +7.42% | Open | — | — | 10% | 10% | 10% | 10% |
| 2025-10-13 | $17.10 | +5.23% | Open | 2d | — | 37% | 74% | 74% | 74% |
| 2025-09-12 | $16.17 | +8.41% | Open | — | — | 23% | 23% | 23% | 33% |
| 2025-06-09 | $9.82 | +8.15% | Filled | 1d | 1d | 100% | 100% | 100% | 100% |
| 2025-05-12 | $9.07 | +5.29% | Filled | 1d | 3d | 73% | 100% | 100% | 100% |
| 2025-04-03 | $10.56 | -5.02% | Filled | 46d | 46d | 20% | 20% | 20% | 20% |
| 2025-02-27 | $10.50 | +7.43% | Filled | 2d | 8d | 37% | 74% | 100% | 100% |
| 2024-12-12 | $10.82 | +5.36% | Filled | 5d | 5d | 0% | 100% | 100% | 100% |
| 2024-11-07 | $8.38 | +7.64% | Open | — | — | 30% | 30% | 30% | 30% |
| 2024-08-08 | $7.71 | -12.32% | Filled | 6d | 9d | 47% | 55% | 100% | 100% |
| 2024-07-25 | $8.47 | -5.67% | Filled | 2d | 3d | 32% | 100% | 100% | 100% |
| 2024-07-18 | $8.32 | +5.29% | Filled | 1d | 3d | 57% | 100% | 100% | 100% |
| 2024-02-23 | $9.56 | -9.52% | Open | 12d | — | 11% | 36% | 36% | 69% |
| 2023-11-08 | $11.61 | -12.23% | Filled | 12d | 22d | 10% | 46% | 46% | 94% |
| 2022-08-05 | $17.48 | -16.53% | Open | — | — | 19% | 19% | 19% | 19% |
| 2022-04-26 | $21.50 | -7.30% | Open | 1d | — | 66% | 66% | 66% | 66% |
Warner Bros. Discovery (WBD) is trading at $28.03 after hours, down $0.01 (0.04%) from its regular-session close of $28.04.
WBD is down 0.04% in after-hours trading. Moves in this session almost always follow something released after the 4:00 PM ET close — an earnings report, guidance, a filing, or news — and trade on far thinner volume than the regular session, so the size of the move can overstate what the market will settle on at the next open.
After-hours trading in WBD on the NASDAQ runs from 4:00 PM to 8:00 PM ET on trading days, immediately after the regular session closes. Not every broker offers the full window, and liquidity thins sharply after about 6:30 PM ET.
An after-hours move that carries into the next session becomes an opening gap, and WBD's gap history is the best guide to what happens next: 50% of WBD gap-ups have fully filled, and 57% of gap-downs have filled over the past 5 years. Fill rates this high mean a large after-hours move is more often faded than extended.
WBD is expected to report earnings around Nov 5, 2026 after the close (estimated), with an estimated EPS of $0.02. Earnings are the most common cause of a large after-hours move, since most companies report after the close.