Netflix announces 10-for-1 stock split as company aims to make stock more accessible for employees
Update: 2025-10-30
Description
Netflix announces a ten-for-one stock split, making its shares more affordable and accessible. The split, set to take effect on November 17th, will result in ten shares for every one currently owned, with the stock trading at one-tenth of its current price. The move aims to boost employee participation in the stock option program and potentially attract new investors. Netflix's stock price surged by about three percent following the announcement.
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