Warner Bros Higher; Estee Lauder Upgrade; Beyond Meat Plummets
On this episode of Stock Movers:- Warner Bros. (WBD) shares are moving higher after it rebuffed Paramount Skydance Corp.'s initial takeover approach for being too low, according to people familiar with the matter. Paramount has several options in its pursuit of Warner Bros., including boosting its bid, going directly to shareholders or finding additional backing through a financial partner.- Estee Lauder (EL) shares are rising as Goldman Sachs analyst Bonnie Herzog raised the recommendation on Estee Lauder Cos. Class A to buy from neutral. The price target is set to $115, implying a 31%…
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