Netflix stock price (NFLX) heads into Monday up after CEO’s ‘sniff test’ jab in Warner fight
Netflix shares rose 3.1% to $86.12 Friday as its $82.7 billion bid for Warner Bros Discovery drew scrutiny against Paramount’s $108 billion hostile offer. Netflix raised its bridge loan commitments to $42.2 billion and detailed breakup fees in a new filing. Warner Bros Discovery shares gained 0.7%. Netflix reported Q4 revenue of $12.05 billion and 325 million paid memberships.