Netflix Is Buying Warner Bros. Discovery. Should You Buy NFLX Stock?

Netflix (NFLX) shares are slipping at the time of writing after the streaming giant agreed to acquire Warner Bros. Discovery’s (WBD) assets for a whopping $83 billion in cash and stock. The agreement that’s broadly expected to make NFLX the most formidable force in the Hollywood industry values WBD’s studios and streaming assets at $27.75 per share. More News from Barchart At the time of writing, Netflix stock is down roughly 25% versus its year-to-date high set in late June. www.barchart.com Why Is N ...