Warner Bros Stock Slips After Netflix Declines To Raise Offer
Warner Bros. Discovery, Inc. (NASDAQ:WBD) shares are trading lower Friday after Netflix, Inc. (NASDAQ:NFLX) announced that it declined to raise its offer to acquire the company.Warner Bros. stock is showing downward bias. What should traders watch with WBD?Netflix Declines To Match Paramount Skydance BidNetflix said it previously received notice from Warner Bros. Discovery that its Board of Directors determined Paramount Skydance Corporation‘s (NASDAQ:PSKY) latest proposal constitutes a "Superior Proposal" under the ...Full story available on Benzinga.com