WBD-Paramount Reactions: Wall Street Analysts Split, Activist Investor Celebrates & Netflix Stock 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 soon surfaced. Shareholders also made their feelings known during after-hours trading. Shares in Netflix jumped 9% as investors seemed to cheer the decision to exit […]