Netflix Stock Has Soared Since It Walked Away from Warner Bros. Is It Time to Buy?
Actions of the streaming leader netflix (NASDAQ: NFLX) have soared recently, and for good reason: Management abandoned a massive, risky acquisition. When the company officially abandoned its search for Warner Bros. DiscoveryThe studio’s assets, a deal previously valued at $82.7 billion. — the stock jumped; Wall Street applauded the move, calling it a clear sign…