Netflix (NFLX) buys Warner Bros (WBD), stock in major trouble
Shares of Netflix (NFLX) are under pressure, dropping over 3% following the announcement that it has reached a deal to acquire Warner Bros. Discovery (WBD). The acquisition is priced at $30 per share, valuing the total deal at $82 billion.
Shares of Netflix (NFLX) are under pressure, dropping over 3% following the announcement that it has reached a deal to acquire Warner Bros. Discovery (WBD). The acquisition is priced at $30 per share, valuing the total deal at $82 billion.
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