Netflix announces a 10-for-1 stock split
Netflix announced a 10-for-1 stock split, a move that changes nothing fundamentally about the company, but could make the pricey individual shares more accessible to the retail investor.Shareholders as of Nov. 10 will receive nine additional shares for each one they hold on Nov. 14. The stock will then begin trading at the new post-split price on Monday, Nov. 17.Netflix, the streaming leader whose shares have boomed over the last three years to above $1,000 a share, said it was making the change to "reset t ...