Netflix stock falls after hours as Reuters reports possible all-cash Warner Bros bid shift
Netflix shares fell about 2% after hours Wednesday following reports it may switch to an all-cash bid for Warner Bros Discovery’s studios and streaming businesses, replacing an $82.7 billion cash-and-stock offer. The stock closed at $88.55, down $1.79. Investors are watching for details on funding as speculation grows over a bidding war with Paramount Skydance. Netflix will release Q4 results on Jan. 20.