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Netflix Stock Downgraded Amid Warner Bros. Acquisition

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Streaming Giant Announces $83 Billion Warner Bros. Deal. Investor's Business Daily

Netflix (NFLX) stock slid for the fourth straight trading session on Monday as Wall Street analysts weighed the challenges of its pending acquisition of Hollywood powerhouse Warner Bros. Discovery (WBD). Two investment firms — Pivotal Research and Rosenblatt — downgraded Netflix stock to neutral from buy following news Friday of the planned acquisition. Pivotal analyst Jeffrey Wlodarczak cut his price…

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