Wall Street traders show their hands with bets on Warner Bros. Discovery-Netflix deal

Wall Street traders are now betting that Warner Bros. Discovery not only will be sold to Netflix, but also easily approved by US and overseas regulators – with so-called “short interest” in the stock recently evaporating, On The Money has learned.For much of the year, the media giant known as WBD had seen increase in its short interest – or bets that its stock will fall. In fact, WBD has been among the more heavily shorted entertainment stocks, according to an analysis by S3 Partners (Full disclosure S3’s f ...