Netflix stock slips as Warner seen rejecting Paramount bid; what investors are watching next
Netflix shares slipped 0.5% to $93.70 Tuesday morning as reports said Warner Bros Discovery is expected to reject Paramount Skydance’s $108.4 billion bid, keeping Netflix’s $82.7 billion deal in focus. Warner Bros Discovery shares rose 0.4%. Netflix also released a trailer for the “Stranger Things” finale, set to premiere on New Year’s Eve.