Warner Bros. Discovery Stock (WBD) Forecast: Netflix Merger vs. Paramount’s $30 Bid Puts Shares in Deal-Driven Limbo (Dec. 20, 2025)
Date: December 20, 2025Company: Warner Bros. Discovery, Inc. (NASDAQ: WBD) Warner Bros. Discovery stock is no longer trading like a “normal” media equity. As of this weekend, WBD shares are moving like a merger-arbitrage instrument, tethered to two competing takeover