Tag: NFLX
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NFLX Stock Sinks After Company Announces $82.7 WBD Deal
Shares of Neftlix Inc. (NASDAQ: NFLX) are down over 3% in midday trading. NFLX stock is now down over 19% in the last three months. The sell-off on a day when the broader market is rising may surprise investors after the company announced its intention to purchase Warner Bros. (NASDAQ: WBD) for $82.7 billion. On…