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Launchpad
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Investment
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One-stop lending hub
VIP Wealth Hub
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Quant Fund
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Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
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GUSD Minting
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US stock movement | Warner Bros. acquisition battle intensifies, Netflix (NFLX.US) rises over 5%
The Tong Finance APP has learned that on Wednesday, Netflix (NFLX.US) rose more than 5% in early trading, trading at $82.07. According to reports, on February 25, Paramount Skydance Corp increased its cash offer to acquire Warner Bros. Discovery to $31 per share. The new proposal includes a $7 billion regulatory termination fee and a $2.8 billion breakup fee payable to Netflix if the deal fails. Analyst Gary Black predicts Netflix will win the bidding war.