Dec. 2 at 4:43 AM
$TMC I've compiled the recap of market chatter, analyst moves, and unusual options flow for December 1st.📰 Top Market Chatter & News RecapThe main drivers today included a major casino decision in NYC, M&A speculation, and operational issues for an e-commerce giant.
$BALY (Bally's Corp.): The New York State Gaming Facility Location Board unanimously approved all three remaining downstate casino bids, including Bally's proposal in the Bronx. This represents the second-to-last step in the process, with the Gaming Commission set to deliver a final verdict by the end of the month.
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$NFLX (Warner Bros. Discovery & Netflix): The chatter is focused on the bidding war for WBD's assets. While Netflix is reportedly contemplating an acquisition of Warner Bros. Discovery's studio and streaming assets, there is speculation that Netflix is the most likely to pull out due to tough regulatory hurdles.
$SHOP (Shopify): The stock traded lower today due to a major Cyber Monday outage that affected