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
€66.17
1.890%
The stock is one of the favorites of our community with 125 Buy predictions and 2 Sell predictions.
With a target price of 111 € there is a hugely positive potential of 67.75% for Netflix Inc. compared to the current price of 66.17 €.
