Netflix Sinks on Latest Warner Bros. Takeover Drama, Carvana & Meta Jump

On this episode of Stock Movers:

-Shares of Netflix (NFLX) sink while Paramount Skydance (PSKY) shares rise as Paramount again extended its tender offer for Warner Bros. Discovery Inc. shares and said it would ask investors to vote against a proposed sale to Netflix Inc. at a special meeting of Warner Bros. shareholders. The new offer expires Feb. 20, the parent of CBS, MTV and other entertainment businesses said Thursday in a proxy filing. Paramount has been trying to acquire Warner Bros. since September. 

-Carvana (CVNA) shares jump as Barclays boosted its price target on the online car-selling platform to $530 from $465 and increased its 2026 profit estimate to $7.46 from $7.01.

-Meta (META) shares rise in the largest jump of the year after Jefferies analyst Brent Thill listed reasons to buy the recent pullback in Meta. Thill says the company has moderate downside to estimates “with stronger upside potential,” and they expect the company's AI hires to deliver in 2026.

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