Netflix Announces 10-for-1 Stock Split. Here's What Investors Need to Know.

This marks only the third time in its history that the company has split its stock.There's no denying that Netflix (NFLX 0.97%) is one of the most recognized companies in the world. The company dominates the streaming video industry it pioneered. At last count, Netflix has an audience of over half a billion people in 190 countries worldwide, and broadcasts in 50 languages.The company's impressive business performance has also resulted in a surging stock price. Netflix shares have climbed 44% over the past y ...