Check out the companies making headlines in midday trading: Netflix , Warner Bros. Discovery — Shares of Netflix pulled back almost 3%, while Warner Bros. Discovery added almost 4% in midday trading after the streaming giant said Friday it’s reached a deal to buy WBD for $27.75 per share. But trading has been volatile as investors debate whether Netflix will be able to muster regulatory support. A senior Trump administration official expressed skepticism to CNBC about the proposed combination. Paramount Skydance — The media company’s stock fell 7% after it lost out to Netflix in a bid to acquire Warner Bros. Discovery. Paramount had been considered a front-runner in the bidding process. Comcast also had submitted an offer for the company. Its stock was up less than 1%. Parsons — Shares of the government contractor fell nearly 26% after it lost a bid to help update the U.S. air-traffic control system to privately held Peraton. Albemarle — Shares of the lithium producer popped 8% after UBS upgraded the stock to buy , saying lithium prices should rise through the year and help drive shares higher. Cooper Companies — Shares of the medical device company surged more than 6% after the company said it would begin a strategic review of its business. That announcement came as it named Colleen Jay its next board cha …
