Netflix (NFLX) stock price slips after hours as Warner bid drama heats up and UK tightens streamer rules
Netflix shares fell 3.2% to $78.04 in after-hours trading Tuesday after Paramount Skydance raised its offer for Warner Bros. Discovery to $31 per share, challenging Netflix’s agreed deal. Warner shares rose 0.6%. The UK said major streamers will now be regulated by Ofcom under its broadcasting code.