News

Netflix stock (NFLX) today hits lowest since April as David Ellisons Paramount launches hostile takeover of Warner Bros (WBD)

Netflix stock after Paramount hostile takeover WBD: Netflix shares plunged over 3% following Paramount Skydance's aggressive $108 billion all-cash bid for Warner Bros. Discovery, a move that directly challenges Netflix's own $72 billion acquisition proposal. This escalating bidding war has sparked investor caution and led to analyst downgrades for Netflix.