The U.S. Department of Justice has expanded its investigation into Netflix’s proposed $82.7 billion acquisition of Warner Bros. Discovery. Regulators are probing potential monopolistic practices under the Sherman Act through the issuance of civil subpoenas. This heightened scrutiny contributes to a 39% decline in share price from a mid-2025 peak of $134.
Netflix shares rose 0.05% in pre-market trading to $82.24. This follows a February 6 close of $82.20, which represented a 1.64% gain. During the February 9 session, the stock traded within a range of $81.84 to $82.54.
The company currently carries a P/E ratio of 46.46. Market movement remains limited as investors weigh regulatory uncertainty against a flat broader market.