Warner Bros. Discovery (WBD) Stock on December 2, 2025: Netflix Cash Bid, Bidding War and Analyst Forecasts
Warner Bros. Discovery, Inc. – Series A Common Stock (NASDAQ: WBD) is back at the center of Wall Street’s attention. As of December 2, 2025, the stock is trading around $24.53, up roughly 2.7% on the day on very heavy volume, after fresh reports that Netflix has submitted a mostly cash bid in the second round of an ongoing auction for the company. Reuters+1 The move caps an extraordinary year in which Warner Bros. Discovery shares have more than doubled and are hovering near new 52‑week highs, fueled by a full-blown bidding war involving Netflix, Paramount Skydance and Comcast. Investing.com+2Reuters+2