Netflix Stock Drops as Roku Deal Moves Forward Without Its Bid

TLDR Netflix stock fell 2.95% on Wednesday as acquisition rumors drove volatility around NFLX. Lionsgate shares jumped nearly 14% after reports linked Netflix to a possible takeover. Netflix denied interest in Lionsgate, saying it was “not interested” and had no plans for a deal. Reports said Netflix never submitted a formal indication of interest for [...]

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