Netflix Stock Climbs to $97 as Company Walks Away From Warner Bros. Deal, Analysts Turn Bullish
3 Articles
3 Articles
Netflix Stock Climbs to $97 as Company Walks Away from Warner Bros. Deal, Analysts Turn Bullish
Netflix Inc. (NASDAQ: NFLX) shares closed at $97.09 on March 2, 2026, up 0.88% or $0.85 from the prior session, extending a recent rally fueled by the company's decision to abandon pursuit of an acquisition of Warner Bros. Discovery and renewed analyst optimism on its advertising and organic growth prospects.
Netflix's co-CEO, Ted Sarandos, also said that the company is not evaluating other acquisitions, noting that the initiative to buy Warner Bros. took over the asset in question and not because it needed business.
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