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The highest-ranking RSI media and entertainment stocks as Netflix-WBD acquisition takes on
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Netflix plans to acquire Warner Bros. Discovery, marking a major consolidation in the entertainment industry. This acquisition has impacted the Relative Strength Index (RSI) of media stocks, with WBD's RSI reaching 70, indicating strong buyer interest. The dynamic environment of streaming wars and industry consolidation is affecting company valuations. Top media stocks ranked by RSI include Eventbrite, Warner Bros. Discovery, and IMAX, among others.
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