Why Netflix Stock Dropped Today
Shares of Netflix (NASDAQ: NFLX) fell more than 3% on Monday after Paramount Skydance (NASDAQ: PSKY) intensified its pursuit of Warner Bros Discovery (NASDAQ: WBD).
Image source: Netflix.
On Friday, Netflix announced it had struck a deal to acquire Warner Bros Discovery's film and television studios, as well as its popular HBO Max streaming service, for $82.7 billion, or $27.75 per share, in cash and stock.
Source Fool.com
Netflix Inc. Stock
€82.09
2.000%
The stock is one of the favorites of our community with 122 Buy predictions and 2 Sell predictions.
With a target price of 112 € there is a positive potential of 36.44% for Netflix Inc. compared to the current price of 82.09 €.
