Isn’t an acquisition like Warner Bros. supposed to be good news? More content, bigger library, stronger market position… but Netflix has been dropping pretty steadily this month. It’s down over 12% even though the market isn’t doing that bad and other streaming names like Disney and Amazon are green.

    Is this because of antitrust? Like maybe the market thinks regulators won’t let the deal go through? Or is it more about their recent earnings miss and high valuation?

    Why is Netflix still going down after the Warner deal news?
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    Posted by sedate_matron

    30 Comments

    1. PatientBaker7172 on

      Loser is always the buyer due to taking on debt. This time its an insane amount for an overpriced company.

    2. I guess the news that Larry E is personally guaranteeing the financing for Paramount bid the pendulum is swinging back the other day

    3. Netflix deal is like going raw dog with a hooker feels great but might catch smth nasty. This deal might get blocked by trump, if it goes through there’s a huge amt of debt comes with it n I believe Netflix mentioned smth like it’ll take 3-4 yrs to have + roi

    4. CoachDennisGreen on

      It went down when they announced they were going for it. It went down when WB chose the Netflix deal. It went down after that. And then today it goes down when Paramount “sweetened” their hostile bid. It just goes down and down. They have seemingly screwed shareholders and should have never even gone for it.

    5. Acquisitions sound bullish, but markets usually price risk first. This drop looks way more like earnings and valuation compression versus an antitrust fear. When a stock is priced for perfection, any miss gets punished. I’m seeing this as a buying opportunity, personally.

    6. Last_Preparation_446 on

      Netflix needs to walk away and buy something like Spotify to add new ways monetize media.

    7. Weak-Pomegranate-435 on

      It’s just pure technicals. It was supposed to go down, regardless of whether any news comes out or not. Because it was way too overbought on technicals at 1300. It had to check the 900 support level sooner or later. And people just tend to attach news to that downturn even though the stock was already down to 1000s before the Netflix HBO merger even news came out. Nothing goes up in straight line.

      Same thing will happen to Google for the next multiple months now. And of course, you will see a news will be attached to justify that downturn regardless.

    8. PharmDinvestor on

      Because Wallstreet likes the sell first ask questions later – it’s called the “Wallstreet knee Jerk Reaction”

    9. I don’t know about this case but often the stock of the buyer will dip because buying something costs money. Company’s costs, initially will be higher. After acquisition it eventually contributes to the bottom line. 

    10. Because of ethical investing. It is probably a good buy, but I am sick of getting LGBTQ+ shoved down my throat. It tells me they aren’t focused on quality and instead the messaging.

    11. Ok-Philosophy-7746 on

      I know it’s not exactly the same situation, but after Google split back in 2022 it dipped for a while. I am up 100% on it now. Hoping for the same with Netflix

    12. It’s a sell the news situations. Also, people taking profits at the end of year isn’t uncommon. There is always risk when integrating an old existing company.

    13. Anxious_Cheetah5589 on

      | Is this because of antitrust? Like maybe the market thinks regulators won’t let the deal go through?

      maybe it’s because the market thinks regulators WILL let the deal go through

    14. It was at >50 PE. Doesnt matter how much a stock has gone up or down. It matters what its at right now. It could still go down another -25% to be a reasonable price

    15. Media mergers have been a mixed bag for investors in the past. Warner Bros/Discovery was a disaster, Disney/Fox has helped Disneys library, but Disney stock has been underperforming for years.

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