Warner Bros. Discovery (WBD) Stock Update: Netflix Deal Terms, Paramount’s $30 Bid, and What Investors Need Before the Next Market Session
New York time check: 1:16 a.m. ET on Saturday, December 27, 2025. Because it’s Saturday, U.S. stock exchanges are closed right now—which matters for Warner Bros. Discovery, Inc. (NASDAQ: WBD) because the stock has become less of a “slow-burn media turnaround” story and more of a headline-driven event trade. As of the most recently available pricing, WBD closed Friday (Dec. 26) at $28.80, and extended-hours trading was around $28.85 later that evening. MarketBeat The bigger market backdrop: light year-end trading, but WBD is anything but quiet Friday’s session (Dec. 26) was a classic post-holiday tape: major U.S. indexes slipped by