Netflix stock fell after the company reported fourth-quarter earnings that narrowly beat estimates. Netflix also announced it will suspend stock buybacks to acquire Warner Bros. (WBD) just after amending its offer to an all-cash bid.
MoffettNathanson senior analyst Robert Fishman joins host Julie Hyman to discuss the strategy behind Netflix’s Warner Bros. deal and his expectations for the streaming giant.
To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here: https://finance.yahoo.com/videos/series/market-catalysts/
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