WBD-Paramount Reactions: Wall Street Sees Puts And Takes, Activist Investor Celebrates & Netflix Stocks Rises

Stunned though Hollywood and Wall Street were by the flurry of action late Thursday in the Warner Bros. Discovery merger saga, initial reactions to Netflix conceding the fight to Paramount started to surface. Shareholders also made their feelings known during after-hours trading. Shares in Netflix jumped 9% as investors seemed to cheer the decision to […]

By Dade Hayes