Netflix ETFs Heat Up as Streaming Takeover Battle Intensifies
Netflix, Inc. (NFLX) is caught in the middle of an escalating bidding war for Warner Bros. Discovery that's creating volatility for the streaming giant's shares and new trading opportunities in leveraged ETFs tied to the stock. The drama escalated Monday when Paramount Skydance launched a 72 billion agreement to acquire WBD's film studio and HBO Max streaming assets, according to CNBC. The competing bids have injected fr ...