Netflix to buy Warner Bros. in $72B deal
Digest more
Surging stock prices and earnings growth potential make Meta Platforms, ASML, and Eli Lilly ripe for stock splits in the new year.
If approved, the deal would mark a seismic shift in entertainment, giving Netflix control of popular IP from the DC Universe, Harry Potter, and more. Netflix has announced that it intends to buy legendary Hollywood studio Warner Bros.
Kevin Simpson, CEO and Founder of Capital Wealth Planning, joins 'Halftime Report' to discuss why he thinks being bearish in Netflix after WBD acquisition news is a 'mistake'.
Netflix (NASDAQ: NFLX) went from mailing DVDs in red envelopes to dominating global streaming. That transformation created one of the most compelling investment stories of the past decade, but the path wasn’t smooth.
Stock splits, of course, do not change intrinsic value. And Netflix's 10-for-1 split is no exception. The split increased the number of shares while reducing the price of each one, leaving the company's roughly $450 billion market capitalization intact -- and the post-split price a little above $100 per share.
U.S. stocks rose on Friday after a tame inflation report reinforced expectations that the Federal Reserve will cut interest rates at its final meeting of the year next week.
Netflix's ongoing content success, now including games and live content, leads 24/7 Wall St. to project huge upside for the stock by 2030.
6don MSN
This Stock-Split Stock Is Up 88,600% Since Its IPO -- and Wall Street Thinks It's a Buy Right Now
You don't have to use your imagination if you bought shares of Netflix ( NFLX +1.35%) in 2002. This stock, which recently conducted a 10-for-1 stock split, is up 88,600% since its IPO. Is Netflix still an excellent stock to buy? Wall Street thinks so.