Why Netflix Stock Fell Today
Investors are questioning the wisdom of a potential merger.Shares of Netflix (NFLX 4.93%) declined nearly 5% on Wednesday, following reports of ongoing acquisition talks between the streaming leader and its rival, Warner Bros Discovery (WBD +0.16%). Market share gains might not materializeNetflix is interested in purchasing Warner Bros Discovery's studio assets and HBO Max streaming service, according to Reuters. A deal would allow Netflix to bundle HBO Max with its own streaming offerings -- at a lower ov ...