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
€67.90
0.350%
With 125 Buy predictions and 2 Sell predictions Netflix Inc. is one of the favorites of our community.
As a result the target price of 111 € shows a very positive potential of 63.48% compared to the current price of 67.9 € for Netflix Inc..
