Netflix Just Announced a 10-for-1 Stock Split. Should You Buy NFLX Stock Here?

Netflix (NFLX) shares are inching up on Friday after the streaming giant announced plans of a 10-for-1 stock split. According to its press release, the split will take effect on Nov. 17. A stock split does not fundamentally make a company more attractive, but the strategic move could still prove constructive for NFLX shares in the near term. More News from Barchart Despite today’s gains, Netflix stock remains down over 16% versus its year-to-date high in June. www.barchart.com Why Might the Stock Spli ...