Netflix dips after Paramount Skydance extends deadline on Warner Bros bid

Streaming giant Netflix's NFLX.O shares fall 1.4% to $84.20 after Paramount Skydance PSKY.O extends deadline on its offer for Warner Bros Discovery WBD.O

PSKY shares rise 1.5% to $11.78; WBD edges up slightly

Netflix revised its $82.7 bln offer for WBD to an all-cash cash bid on Tuesday

NFLX beat quarterly revenue estimates marginally on Tuesday; co-CEO's defensive over WBD deal

NFLX shares declined more than 15% since its first offer for WBD on December 5

In 2025, NFLX stock gained 5.2%, WBD more than doubled and PSKY gained 28.1%