Netflix stock heads into Monday with Trump pressure and DOJ scrutiny hanging over Warner deal
Netflix shares rose 2.17% to $78.67 Friday as investors watched the Warner Bros. Discovery bidding battle. Paramount said the U.S. antitrust waiting period expired for its $108.4 billion bid, but DOJ review continues. Donald Trump threatened “consequences” unless Netflix removes board member Susan Rice. Netflix has about $9 billion in cash and may raise its offer if Paramount improves its bid.