Comment by alberth

7 hours ago

It’s interesting that the stock market has no reaction to this news, after hours.

As of writing this, Netflix is -0.6%

"Priced in" I guess. I mean look at Warner Bros stock, steadily climbing the last couple months until it hit basically exactly the price shareholders will get in exchange for their shares as part of this deal.

Whenever one of my friends says they're thinking about getting into daytrading, all I can think is good luck beating the funds... they either can predict the future or just write it themselves.