Warner Bros. Discovery (WBD) Stock Today: Paramount Sweetens $30 Offer With Larry Ellison Guarantee as Netflix Secures New Financing
December 22, 2025 — Warner Bros. Discovery, Inc. Series A Common Stock (NASDAQ: WBD) traded higher Monday as the company’s takeover battle intensified, with Paramount Skydance revising its hostile bid and Netflix disclosing fresh financing arrangements tied to its agreed deal with Warner’s studio-and-streaming assets. Nasdaq+2Reuters+2 WBD shares were recently around $28.70, after ranging between $27.78 and $29.31 in Monday’s session, as investors weighed the value of Paramount’s $30-per-share all-cash proposal against the certainty, structure, and regulatory path of the Netflix transaction. Reuters+1 Why Warner Bros. Discovery stock is moving on Dec. 22, 2025 Two headline developments hit the market