Netflix Stock (NFLX) Today: Warner Bros Discovery Megadeal, 10‑for‑1 Split and 2026 Price Targets Explained
Netflix shares traded near $103 on December 5 after a sharp drop, following news of exclusive talks to buy Warner Bros Discovery’s studios and HBO Max. The stock split 10-for-1 in November. Co-founder Reed Hastings sold nearly all his shares this week, raising $40.7 million. Netflix’s ad-supported tier now reaches about 190 million monthly active viewers.