I would wait until NFLX stock gets beaten down until 70 bucks, then buy it. Paramount coming in for hostile takeover of Warner creates trouble for NFLX. just take out your popcorn 🍿 and watch netflix to see who wins!
Paramount Lifts WBD Bid: Chase WBD or Buy the Dip of Netflix?
Paramount Skydance lifted its offer to $31 per share, reopening a 7-day negotiation window with Warner Bros. Discovery and reigniting Hollywood’s takeover drama. WBD still backs its $27.75 per share binding deal with Netflix, with a March 20 shareholder vote scheduled. Paramount says $31 isn’t its “final” bid and is even willing to cover Netflix’s $2.8B breakup fee.
At the open: PSKY +8%, WBD +3%, NFLX -1%—with Netflix sliding toward $75, eyeing $70 as the next technical level.
Are you bullish on WBD and PSKY?
Will Netflix match the $31 bid?
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