Source: New York Post
Shares of Discovery and ViacomCBS tumbled on separate downgrades from Wells Fargo on Friday, as analysts expressed concerned that the media companies’ recent gains may be overblown. In early-day trading, ViacomCBS saw its stock sink more than 12 percent, to $57.76, as shares of Discovery plunged more than 21 percent, to $45.50. ViacomCBS, which operates…