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Barchart
Barchart
Will Ashworth

52 Massive Vol/OI Spikes Expire March 20—Profit Plays on Top 3

Netflix Barchart

The big news from yesterday was Netflix (NFLX) dropping out of the race to buy the best parts of Warner Bros. Discovery (WBD), leaving Paramount Skydance (PSKY) as the winner of the hotly contested M&A battle. 

While investors appear happy about Netflix’s decision -- its shares are up about 8% in pre-market trading, about an hour to the open -- consumers clearly shouldn’t be. This consolidation will result in higher streaming prices, movie ticket prices, and the list goes on. 

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