Netflix (NFLX) welcomes WBD Board of Directors’ commitment to merger agreement, rejecting revised offer from Paramount Skydance Corporation (PSKY). Co-CEOs affirm WBD’s full support for the merger, recognizing it as the superior proposal. CFRA analyst downgrades NFLX stock to “Hold” due to pending acquisition of WBD, citing risks associated with Warner’s high debt. While NFLX presents investment potential, certain AI stocks offer greater upside potential and less downside risk. Check out our free report on the best short-term AI stock.
Read more at Yahoo Finance: Netflix (NFLX) Welcomes WBD Board of Directors’ Commitment To Merger Agreement
