It’s Write-Down Season. Here Are Some Companies That Look Due for Asset Adjustments. - WSJ
1. WBD's market value is 27% lower than its book value. 2. Goodwill assets are overvalued, risking further write-downs. 3. WBD stock has declined 57% since acquiring WarnerMedia. 4. Upcoming year-end results will challenge asset value credibility. 5. Overall market skepticism about intangible asset valuations is growing.