NFLX stuck near $90 as Warner vote backs deal and earnings loom
NEW YORK, Jan 7, 2026, 14:35 EST — Regular session
- Netflix shares were little changed as investors weighed a Warner Bros. Discovery board move that kept Netflix’s takeover plan in place.
- Wall Street’s average 12-month target sits around $130, but the next two weeks bring headline risk from earnings and deal scrutiny.
- Traders are watching whether NFLX can retake key chart levels after a pullback from last year’s highs.
Netflix shares edged down 0.2% to $90.50 on Wednesday, after Warner Bros. Discovery’s board again urged shareholders to reject a rival bid from Paramount Skydance and stick with Netflix’s offer. Axios
That matters now because the merger fight has become a daily driver of sentiment…
