Netflix stock drops 3% to start 2026 as Warner deal, Jan. 20 earnings loom
Netflix shares fell 3% to $90.99 Friday, closing near session lows on heavy volume. The drop comes ahead of fourth-quarter results due January 20 and as investors watch for regulatory review of Netflix’s $82.7 billion deal to acquire Warner Bros. assets. The Nasdaq slipped 0.03% while the S&P 500 rose 0.19%.