Warner Bros. Discovery (WBD) Stock Today: Netflix Deal, Paramount Hostile Bid, and Analyst Forecasts as Shares Hover Near $30 (Dec. 15, 2025)
WBD shares traded near $29.98 on December 15, 2025, amid takeover bids from Netflix and Paramount Skydance. Netflix offered $27.75 per share for WBD’s studio and streaming assets, while Paramount Skydance countered with a $30 all-cash tender for the entire company. WBD’s board and regulators remain key factors as the stock reacts to the competing deals.