Netflix Stock Is Set for a 10-for-1 Split. What You Need To Know

Core Insights - Netflix plans to execute a 10-for-1 stock split to enhance stock accessibility for a broader range of investors [2][3][4] - The stock split will occur after the market closes on November 14, with trading at the adjusted price starting on November 17 [3][8] - The split aims to reset the market price to a more accessible range for employees and attract outside investors [4][6] Stock Performance - Netflix shares have increased by approximately 26% year-to-date, outperforming the S&P 500's 16% gain [5] - Recent trading saw shares rise over 3% to around $1,123 [5] Market Context - The stock split aligns with trends among large-cap tech companies to make shares more affordable for employees and retail investors [6] - Despite a recent dip due to a missed earnings estimate, Netflix's stock has benefited from strong content and growth expectations [7][8] - The decision to split is generally viewed positively, indicating confidence in future stock performance [8]