NFLX Plunges as Margin Outlook, Buyout Concerns Weigh

Shares of Netflix Inc (NASDAQ:NFLX) are 6% lower to trade at $82.01 at last glance, brushing off a fourth-quarter earnings and revenue beat after the streaming giant also issued a disappointing margin outlook. Concerns around the company's bid to acquire Warner Bros Discovery (WBD) for roughly $83 billion weighed as well.No fewer than eight analysts have slashed their price targets in response, including HSBC to $106 from $107. Analysts remain optimistic toward NFLX, however, with 27 of the 42 in question s ...