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Netflix Stock Up Nearly 10% After Ditching Warner Bros. Discovery Deal

By varietybrentlang Feb 26, 2026 | 5:23 PM

Wall Street seems thrilled that Netflix is walking away from its deal to buy Warner Bros. Discovery. Shares of the streaming giant were up nearly 10% in after-hours trading, at more than $92, after Netflix declined to increase its offer for the film and media giant after the company’s board declared Paramount Skydance’s new bid […]