Netflix Sinks on Latest Warner Bros. Takeover Drama, Carvana & Meta Jump
On this episode of Stock Movers:-Shares of Netflix (NFLX) sink while Paramount Skydance (PSKY) shares rise as Paramount again extended its tender offer for Warner Bros. Discovery Inc. shares and said it would ask investors to vote against a proposed sale to Netflix Inc. at a special meeting of Warner Bros. shareholders. The new offer expires Feb. 20, the parent of CBS, MTV and other entertainment businesses said Thursday in a proxy filing. Paramount has been trying to acquire Warner Bros. since September. -Carvana (CVNA) shares jump as Barclays boosted its price target on the online…
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