Warner Bros. Discovery Move on Watch for Monday as Market Eyes Next Step
Warner Bros. Discovery shares fell 2.81% to $26.24 after reports that California, New York, and other states are preparing an antitrust lawsuit to block Paramount’s $110 billion takeover, increasing risk that the deal could be delayed or fail; the stock trades well below Paramount’s $31-a-share offer, reflecting investor doubts ahead of key U.S. and EU regulatory decisions.