Netflix Stock Rebounds Slightly as Shares Trade Near 2026 Lows Ahead of Important July 16 Earnings Report

Netflix stock rebounded slightly as shares traded near 2026 lows ahead of the company’s July 16 second-quarter earnings report. On Tuesday, Netflix rose to $77.33, up $1.31 (1.72%), after closing Monday at $76.05 following a 2.06% decline, according to Yahoo Finance. The stock is down about 21% in 2026 and roughly 42% from last summer’s high, based on Motley Fool analysis. The volatility has been linked to Netflix’s abandoned acquisition of Warner Bros. Discovery’s studio and streaming operations. The deal, first valued at $27.75 per share and later amended to an all-cash structure with an estimated $82.7 billion enterprise value, collapsed in February when Paramount Skydance raised its bid to $30 per share, prompting Netflix to walk away. Netflix co-CEOs Ted Sarandos and Greg Peters said the price no longer made the transaction financially attractive and cited a $2.8 billion termination fee plus about $2.3 billion of organic free cash flow from the most recent quarter.