Netflix Stock Falls as Warner Bros. Deal Faces Hostile Challenge – What NFLX Investors Need to Know Now
Netflix shares fell 3.4% to $96.79 by mid-day Tuesday, near their lowest since April, after announcing a $72–83 billion acquisition of Warner Bros. Discovery’s studios and streaming assets. The drop follows a hostile counterbid, analyst downgrades, and uncertainty over the deal. Despite the pullback, Netflix’s total return over the past year stands at 92%.