Netflix stock edges up into year-end as Fed minutes, Warner deal stay in focus
Netflix shares closed up 0.9% at $94.47 Friday, outperforming Disney and Warner Bros. Discovery, as investors weighed risks around its $72 billion deal for Warner’s studio and streaming assets. The company replaced part of its bridge loan with a $5 billion credit facility and two $10 billion term loans. U.S. stocks remain near record highs ahead of Fed minutes due Tuesday. Netflix reports earnings Jan. 20.