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Netflix (NFLX) Stock Is Up, What You Need To Know
  • Finance

Netflix (NFLX) Stock Is Up, What You Need To Know

Cs news6 months ago6 months ago05 mins

Shares of streaming video giant Netflix (NASDAQ: NFLX) jumped 3.7% in the afternoon session after the company announced a 10-for-1 stock split. The move was intended to make its shares more accessible to employees participating in the company’s stock option program and to retail investors, as the price had topped $1,000. Following the announcement, Netflix…

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Netflix announces 10-for-1 stock split as company aims to make stock more accessible for employees
  • Finance

Netflix announces 10-for-1 stock split as company aims to make stock more accessible for employees

Cs news6 months ago6 months ago03 mins

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…

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