Netflix Unveils Ten-for-One Stock Split Plan

Reported about 8 hours ago

Netflix has announced a ten-for-one forward stock split of its common stock, aimed at making shares more affordable for retail investors. Following a significant increase of over 360% in share value over three years, existing shareholders will receive nine additional shares for each share they own after trading ends on November 10, with adjusted trading expected to commence on November 17.

Source: YAHOO

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