Warner Bros. Discovery (WBD) Stock After Hours Today (Dec. 18, 2025): Netflix Deal Math, CNN/Standard General Rumors, and What to Watch Before Friday’s Open
Warner Bros. Discovery, Inc. Series A (NASDAQ: WBD) finished Thursday’s session in the red — and then went quiet after the bell. As of 6:00 p.m. ET on Dec. 18, 2025, WBD shares were flat in after-hours trading at $27.61, matching the 4:00 p.m. close. On the day, the stock fell $0.60 (-2.13%), with a $28.38 high and $27.41 low, on roughly 64.2 million shares traded. That closing price matters for one big reason: $27.61 is now slightly below the headline $27.75 per-share value in Netflix’s agreed cash-and-stock transaction — before considering any value (positive or negative) assigned by the