
1 Reason Netflix Could Have a Big March
Netflix will not counter Paramount Skydance's latest bid to buy Warner Bros. Discovery.
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Netflix will not counter Paramount Skydance's latest bid to buy Warner Bros. Discovery.

Netflix just won another bullish call on Wall Street.

Expand NASDAQ: NFLX Netflix Today's Change (0.93%) $0.90 Current Price $97.14 Key Data Points Market Cap $406B Day's Range $95.25 - $98.06 52wk Range $75.01 - $134.12 Volume 2.9M Avg Vol 50M Gross Margin 48.59% Netflix (NFLX +0.93%), a global streaming TV, film, and games provider, closed Monday at $97.09, up 0.88%. The stock moved as investors weighed fresh analyst coverage and ongoing relief-rally commentary tied to Netflix's decision to walk away from a Warner Bros.

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Netflix investors appear relieved that the streaming giant isn't making a massive acquisition. The company had been in a bidding war to buy Warner Bros.

Sometimes the smartest strategic move is restraint rather than expansion. That lesson played out clearly last week when Netflix Inc NASDAQ: NFLX confirmed it would not raise its bid for Warner Bros.

Conviction looks different after risk comes off the table. Netflix Inc (NASDAQ: NFLX) stock was trading higher on Monday after spiking over 13% on Friday, following reports that the company is pulling out of talks to increase its offer for Warner Bros Discovery Inc (NASDAQ: WBD).

Ted Sarandos said he knew "right away" Netflix would decline to counter Paramount's winning attempt to buy Warner Bros. Discovery and added President Trump's role was overestimated.

NFLX stock jumps 10% after walking away from acquiring Warner Bros. Discovery, opting for financial discipline and a renewed focus on organic growth.

Netflix stock gets an upgrade by analyst after the company walks away from a high-priced merger with Warner Bros. Discovery.

A Netflix Inc (NASDAQ: NFLX) analyst is upgrading the rating on the streaming stock after the company chose not to raise its bid for Warner Bros. Discovery (NASDAQ: WBD) and is putting capital to use elsewhere.

Media companies in the US are moving as the deal for Netflix to acquire Warner Brothers Discovery had fallen through, with Paramount looking to purchase it now.

Zacks.com users have recently been watching Netflix (NFLX) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Paramount CEO David Ellison says the company's pending merger with Warner Bros. Discovery will give it the scale it needs to compete with Netflix.
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Netflix (NASDAQ: NFLX) shares drew fresh attention on Monday, March 2, losing 2.5% in pre-market after a nearly 14% surge on Friday, February 27, when CEO Ted Sarandos announced the streaming service would withdraw from the Warner Bros (NASDAQ: WBD) deal.

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Netflix (NFLX) is clearing the air after its sudden exit from the Warner Bros. Discovery (WBD) bidding process, with Co CEO Ted Sarandos saying the decision was

Netflix (NFLX) has stepped back from its agreed December deal to acquire Warner Bros.' (WBD) studios and HBO Max after a rival proposal materially altered the c