On this episode of Stock Movers:
- Warner Bros Discovery (WBD) shares rise after news Paramount proposed raising its bid and sweetened other terms of its offer. Netflix Inc. has granted Warner Bros. seven days to discuss Paramount's proposal, with Warner Bros. still recommending shareholders vote in favor of its binding agreement to sell to Netflix.
- Norwegian Cruise Lines (NCLH) shares jump after the Wall Street Journal reported that activist investor Elliott Investment Management has built a more than 10% stake in the cruise-ship company. Elliott has been privately working with Adam Goldstein, the former president and chief operating officer of Royal Caribbean, as one potential board nominee at Norwegian, WSJ reports, citing people familiar with the matter
- General Mills (GIS) shares drop after the company lowered its fiscal 2026 sales outlook, citing a more challenging consumer environment. The company said weak consumer sentiment, heightened uncertainty, and significant volatility have weighed on category growth and impacted consumer purchase patterns.
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