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