Netflix Stock Today, December 3, 2025: Reed Hastings’ $40.7M Sale, Warner Bros. Bid Jitters and a 2026 Price Forecast
Netflix shares fell nearly 6% to around $103–104 in afternoon trading December 3, following a $40.7 million share sale by co-founder Reed Hastings and renewed focus on the company’s bid for Warner Bros. Discovery. Hastings reduced his direct holdings by almost 99%, though he retains a large indirect stake. The stock remains up over 20% in the past year despite today’s drop.