The Netflix Stock Split Is Coming. Here's What You Need to Know.

Netflix surprised investors last week with the announcement of a stock split.Heading into Netflix's (NFLX 0.66%) third-quarter earnings report, there was some speculation that the company would announce a stock split.After all, Netflix's share price had soared past $1,000 earlier this year, as it has clearly put the post-pandemic concerns about slowing growth to rest. Additionally, nearly all of its other big tech peers, like Amazon, Alphabet, and Apple, have issued stock splits in recent years, and Netflix ...