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0.000285666274575633 -0.000168038985044497 0.000336077970088994 0.000336077970088994 -0.00134431188035633 -0.00339774827760048 -0.00100823391026722 -0.000336077970089113
Stock impact report

Netflix CEOs Call Warner Bros Deal “A Win For The Entertainment Industry,” But Wall Street Isn't Convinced [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
Wall Street, however, isn't entirely convinced. One new report Monday from MoffettNathanson's Robert Fishman urges the company not to take the bait if and when Paramount increases its hostile bid. Far better, Fishman argues, for the streaming giant to “bow out of the bidding war, put their heads down, and continue to execute upon the strong hand they already have.” Investors largely agree with that sentiment, with shares in Netflix slumping 10% since the company's formal proposal was announced and even more than that since the company's interest in Warner first became known. More from Deadline 'One Battle After Another' Gets December Streaming Date On HBO Max In 'Stranger Things' Season 5 Volume 2 Trailer, Gaten Matarazzo's Dustin Claims "Everything" Assumed About The Upside Down Has Been "Dead Wrong" Rian Johnson Says He Has "Kernels" Of An Idea For 'Knives Out 4' The memo (read it in full below) breaks no new ground and refers employees to the duo's appearance last week a Show less Read more
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