Netflix Pulls Out of Warner Bros. Bid, Stock Rises 14%

Sunday, Mar 1, 2026 3:55 pm ET1min read
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Netflix shares rose 14% to $96 after the company declined to raise its offer for Warner Bros., ending the bidding war. The move suggests Netflix is focused on its own strategy and not dependent on acquiring other companies to achieve its goals.

Netflix Pulls Out of Warner Bros. Bid, Stock Rises 14%

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