Late last night streaming leader Netflix Inc (NASDQ:NFLX) announced it will no longer partake in the bidding war to purchase Warner Bros Discovery Inc (NASDAQ:WBD), after an extended battle against Pa
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Netflix has dropped out of the fight to buy Warner Bros., leaving Paramount the winner in the bidding war.
Netflix decided not match Paramount Skydance's offer for Hollywood giant Warner Bros. Discovery.
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Warner Bros. Discovery, Inc. (NASDAQ: WBD) shares are trading lower Friday after Netflix, Inc. (NASDAQ: NFLX) announced that it declined to raise its offer to acquire the company.
Stock futures were poised for a sharply lower open after a wholesale inflation reading came in hotter than expected, while Nvidia shares fell further after sinking yesterday.

Netflix Stock Ready For 50% Surge

09:16am, Friday, 27'th Feb 2026
Netflix (NASDAQ: NFLX) stock rose as it walked away from an $83 billion offer for Warner Bros.

5 Things to Know Before the Stock Market Opens

08:45am, Friday, 27'th Feb 2026
Stock futures are lower this morning as the market gets set to wrap up a volatile month of trading; shares of Paramount Skydance are surging after the company won the bidding war for Warner Bros. Disc
Netflix quickly exits Warner Bros. Discovery bidding war, declining to match Paramount Skydance's offer after just over an hour of consideration.
Paramount Skydance Corp. (NASDAQ: PSKY) has seen its Benzinga Edge value score climb to the 88.93th percentile, signaling the stock is increasingly underpriced even as it secures its position as the w
Here are five key things investors need to know to start the trading day.
Warner Discovery was always a must-have for Paramount, so this is a great outcome for shareholders.
Paramount Skydance (PSKY) secures Warner Bros. Discovery (WBD) with a $31/share cash offer, outbidding Netflix (NFLX).
Netflix jumped more than 9% premarket on Friday as investors cheered its decision to exit the fight for Warner Bros Discovery, while Paramount rose about 10% on winning the race for some of the world'
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