Premarket trading runs 4:00 AM – 9:30 AM ET.
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 $26.94 in premarket, down $0.06 (+0.22%) from the previous close of $27.00.
Premarket trading for WBD on the NASDAQ runs from 4:00 AM to 9:30 AM Eastern Time, ahead of the regular session (9:30 AM – 4:00 PM ET). After-hours runs from 4:00 PM to 8:00 PM ET.
Over the past 5 years, 50% of WBD gap-ups have fully filled and 57% of gap-downs have filled. Median time to fill is 3 trading days for gap-ups and 16 trading days for gap-downs.
No. WBD has no unfilled gap events from the past 60 days; all recent gaps have been filled.
Based on 17 qualifying gap events over the past 5 years, the average 20-trading-day return after a WBD gap up is +4.59%, and after a gap down is -5.19%.