1 Reason Netflix Could Have a Big March
(NASDAQ: NFLX) ended the last trading day of February with a more than 13% rally after it decided to walk away from its bidding war with Paramount Skydance (NASDAQ: PSKY) over Warner Bros. Discovery (NASDAQ: WBD).
With what's happened since this whole saga began, there's reason to believe that the streaming giant's rally could continue in March.
The deal that Netflix was pursuing for most of Warner Bros. Discovery's assets would have brought heavy-hitting franchises like Harry Potter, Game of Thrones, and the DC comic book universe to the streamer. Netflix could have monetized those franchises and others in a variety of ways, including by creating new shows and movies.
Source Fool.com
Netflix Inc. Stock
€91.25
1.340%
The stock is one of the favorites of our community with 136 Buy predictions and 1 Sell predictions.
With a target price of 110 € there is a positive potential of 20.55% for Netflix Inc. compared to the current price of 91.25 €.
