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Feb 26, 2026 8:00 PM

Netflix Will Not Raise Offer for Warner Bros: Stock Climbs

Netflix, Inc. (NASDAQ:NFLX) shares climbed in Thursday’s extended trading after the company said it declined to raise its offer to acquire Warner Bros. Discovery Inc. (NASDAQ:WBD).

NFLX stock is climbing. See the chart and price action here.

Here’s what to know.

Netflix Walks Away

In a statement released Thursday evening, Netflix officially decided to walk away from its bid for Warner Bros., choosing financial discipline over a bidding ...