Netflix stock today: NFLX drops nearly 3% as Warner deal drama and earnings near
Netflix shares closed down 3% at $90.99 Friday, underperforming the broader market as investors weighed its $82.7 billion deal to acquire Warner Bros. Discovery’s studios and streaming assets. Paramount extended its rival $30-per-share bid for Warner Bros. Discovery to Jan. 21. Netflix will report fourth-quarter results Jan. 20.