Warner Bros. Discovery (WBD) Stock Today: Netflix Deal, Paramount Hostile Bid, and Analyst Forecasts as Shares Hover Near $30 (Dec. 15, 2025)
Warner Bros. Discovery, Inc. (NASDAQ: WBD) has abruptly turned into the stock market’s favorite kind of chaos: an event-driven tug-of-war where headlines move faster than quarterly fundamentals. As of Monday, December 15, 2025, WBD shares traded around $29.98 in the U.S. market—right in the gravitational field of competing takeover structures, board deadlines, and rising antitrust risk. What’s driving the volatility isn’t a single earnings print or subscriber number. It’s a high-stakes contest over what WBD is worth when you split it, sell it, or swallow it whole. Why Warner Bros. Discovery stock is moving The short version: a takeover battle