
Netflix (NFLX) stock is notoriously volatile. Shares lost about a quarter of their value over the second half of 2025 alone. And that was before the streaming giant made its $83 billion bid (including debt) for Warner Bros. Discovery (WBD).
While some nimble traders have surely used NFLX's gut-wrenching swings to their advantage over the years, plenty of punters with less fortunate timing have just as assuredly had their faces ripped off.