Netflix stock climbs as Trump steps back from Warner Bros takeover fight
Netflix shares climbed $1.35, or roughly 1.7%, to $81.51 in morning trading Thursday. This came after U.S. President Donald Trump said he would refrain from intervening in the clash between Netflix and Paramount Skydance over Warner Bros Discovery, leaving the matter to the Justice Department. So far, the stock has fluctuated between $80.50 and $83.27 during the session.
