Netflix Will Not Raise Offer for Warner Bros: Stock Climbs

Netflix, Inc. (NASDAQ:NFLX) shares climbed in Thursday’s extended trading after the company said it declined to raise its offer to acquire Warner Bros. Discovery Inc. (NASDAQ:WBD) .NFLX stock is climbing. See the chart and price action here. Here’s what to know.Netflix Walks AwayIn a statement released Thursday evening, Netflix officially decided to walk away from its bid for Warner Bros., choosing financial discipline over a bidding war. After WBD's board officially labeled Paramount Skydance's (NASADQ:PSK ...