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0.000204624514016738 -0.000818498056067099 0.000225086965418369 0.00196439533456101 0.00450173930836912 0.00450173930836912 0.00613873542050332 0.0094741149989769
Stock impact report

Why Netflix (NFLX) Shares Are Falling Today [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
Shares of streaming video giant Netflix (NASDAQ: NFLX) fell 5.9% in the morning session after reports emerged that its potential acquisition of Warner Bros. Discovery faced scrutiny from U.S. officials, coupled with a significant stock sale by a company director. U.S. officials voiced fears that the deal could grant the streaming company excessive power over Hollywood, prompting discussions of a broad investigation into antitrust implications. Adding to investor anxiety, Netflix Director Reed Hastings executed a significant stock sale, liquidating 377,570 shares for approximately $40.7 million. Although some planned sales are anticipated, the timing of Hastings' move, coinciding with the regulatory threat, likely agitated investors and heightened market volatility. Show less Read more
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