Netflix Stock Hits New 52-Week Low - Here's Why - Netflix (NASDAQ:NFLX)

Netflix Inc (NASDAQ:NFLX) shares plummeted to a new 52-week low of $75.23 on Thursday, as the streaming giant remains embroiled in a high-stakes bidding war for Warner Bros. Discovery (NASDAQ:WBD) .The stock underperformed a broader technology sell-off that saw the Nasdaq drop 1.79%.Activist Investor Opposes Netflix BidAncora argued that WBD's board has not given "adequate consideration" to Paramount's offer.The drama deepened as David Ellison-led Paramount added a "ticking fee" of 25 cents per share for de ...