Check out the companies making headlines in midday trading: Netflix , Warner Bros. Discovery — Shares of Netflix pulled back almost 3%, while Warner Bros. Discovery added almost 4% in midday trading after the streaming giant said Friday it's reached a deal to buy WBD for $27.75 per share. But trading has been volatile as investors debate whether Netflix will be able to muster regulatory support. A senior Trump administration official expressed skepticism to CNBC about the proposed combination. Paramount Skydance — The media company's stock fell 7% after it lost out to Netflix in a bid to acquire Warner Bros. Discovery. Paramount had been considered a front-runner in the bidding process. Comcast also had submitted an offer for the company. Its stock was up less than 1%. Parsons — Shares of
Stocks making the biggest moves midday: PSKY, RBRK, NFLX, PSN, ALB and more
CNBC Stock Market6 hrs ago
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