Warner Bros. Discovery (WBD) Stock Today, Dec. 15, 2025: Netflix Deal Stands Firm as Paramount’s Hostile Bid Keeps Shares Near $30
Warner Bros. Discovery, Inc. Series A common stock (NASDAQ: WBD) is trading in a rare kind of market—one where headlines are the primary catalyst and traditional valuation models temporarily take a back seat. As of Monday, December 15, 2025, WBD shares are hovering around $29.76, after trading between roughly $29.53 and $30.00 intraday. That price level is meaningful: it sits above Netflix’s agreed $27.75-per-share deal value (signaling investors are pricing in a better outcome than Netflix’s current terms), yet just below the $30 all-cash figure tied to Paramount Skydance’s hostile push (reflecting the market’s discount for risk, timing, and regulatory