NASDAQ:WBD 10 December 2025 - 15 December 2025

Meta description: Warner Bros. Discovery closed Friday, Dec. 12, 2025 near $30 and traded slightly lower after hours as investors digested fresh antitrust skepticism around Netflix's bid, Paramount's all-cash tender offer, and new HBO Max product moves. Here's what mattered after the bell — and what to watch before the next market open. Warner Bros. Discovery, Inc. ended Friday's session with its stock closing at $29.98 after touching an intraday high of $30.00 — and then edging down to about $29.94 in late after-hours trading .Stock Analysis

Warner Bros. Discovery, Inc. Series A common stock has turned into one of the most closely watched names on Wall Street as a once‑theoretical strategic review has exploded into a full‑blown takeover battle between Netflix, Paramount Skydance, and other suitors. Since November 21, 2025, WBD shares have jumped from a close of $23.17 to around $29.53, a gain of roughly 27% in three weeks and more than a tripling from the 12‑month low of $7.52.StockAnalysis+2MarketBeat+2 The stock now sits near its 52‑week high of $29.81 with an estimated market capitalization of about $73 billion and a lofty trailing price‑to‑earnings ratio above 150x, reflecting both deal speculation and still‑thin reported earnings.MarketBeat

Warner Bros. Discovery, Inc. Series A stock ended a wild session on December 10, 2025 right in the blast radius of Hollywood’s biggest takeover drama in years. Shares closed at $29.53, up 4.49% on the day, after trading between $28.86 and $29.81 on very heavy volume of more than 103 million shares. In after‑hours trading, WBD eased slightly to the high $29s. StockAnalysis+1