Netflix Inc. (NFLX) announced Monday morning that it signed a multi-year agreement with DreamWorks Animation (DWA), for new original TV series. The companies have not revealed the financial aspects of the deal and details of the series.
Netflix gapped open sharply higher Monday and is now up 10.63 at $224.62. The stock has climbed to a week and a half high.
DreamWorks Animation has also gapped open sharply higher, currently up 1.67 at $24.48. The stock has broken out to a new high for the year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.