Netflix‘s shares are about to become more affordable. The streaming giant announced Thursday that its board approved a 10-for-1 forward stock split of Netflix common stock. “The purpose of the stock split is to reset the market price of the Company’s common stock to a range that will be more accessible to employees who participate…
Netflix (NFLX) on Thursday announced it will split its stock 10-for-1, meaning Netflix shareholders will receive 10 shares for every one share of the company they currently own. Netflix stock, as a result, will trade at one-tenth of its current price. Shares closed at $1,089 on Thursday. In a statement, the company said the move…
Netflix said Thursday that its Board of Directors has approved a 10-for-1 forward stock split of the company’s high-flying common stock that trades at well over 1,000 a share. The split will be enacted through an amendment to the giant streamer’s Amended and Restated Certificate of Incorporation. The purpose of the stock split is to…
Earnings season is ramping up as Tesla (TSLA), Netflix (NFLX), General Motors (GM), and Ford Motor Company (F), among others, report results this week. As of Oct. 17, 12% of S&P 500 companies have reported results, according to FactSet data, and analysts are expecting an 8.5% jump in earnings per share during the third quarter….
Stocks and the price of gold fell Wednesday, as momentum on Wall Street reverses. The Standard & Poor’s 500 index sank 0.5%, though it’s still within 1% of its all-time high set this month. The Dow Jones industrial average dropped 334 points, or 0.7%, from its record set the day before, while the Nasdaq composite…
By Caroline Valetkevitch NEW YORK (Reuters) -Gold prices declined again on Wednesday, a day after spot gold had its sharpest single-day drop in over five years, while major stock indexes mostly eased with Netflix shares down after the company’s outlook disappointed. Gold, one of the year’s best-performing trades, slid as investors booked profits. It remains…
Israeli actor Lior Raz has played his fair share of tough-guy roles. In the action-packed Netflix series Fauda, Raz draws on his real-life experiences in the Israel Defence Forces (IDF) to play the protagonist, Doron Kavillio. His commando skills were again on show in the 2021 series Hit & Run, while last year he flexed…
Shares in Halliburton (HAL) rallied after beating on revenue and earnings per share (EPS) for the third quarter, and announcing a deal for data center power infrastructure. Oilfield services giant Halliburton reported revenue of $5.6 billion in the third quarter, beating consensus estimates of $5.4 billion, and adjusted earnings per share of $0.58 per share,…
Earnings season is ramping up as Tesla (TSLA), Netflix (NFLX), General Motors (GM), and Ford Motor Company (F), among others, report results this week. As of Oct. 17, 12% of S&P 500 companies have reported results, according to FactSet data, and analysts are expecting an 8.5% jump in earnings per share during the third quarter….
US stocks marked time before the bell on Tuesday as Wall Street geared up for the next wave of corporate results, with General Motors and Netflix (NFLX) highlighting the docket. Dow Jones Industrial Average futures (YM=F) slipped 0.2%, while S&P 500 futures (ES=F) nudged down 0.1%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) also edged…