Should You Buy Netflix After Its 10-for-1 Stock Split?
After the split, Netflix's stock will be priced significantly lower, but its fundamentals will remain unchanged.When a company announces a stock split, it's generally a good sign that the business is doing well. Its share price has risen to the point where splitting the stock brings its price down to lower levels. The greater the scale of the split, the more the price comes down.Streaming company Netflix (NFLX +0.67%) has been one of the best growth stocks to own in recent years. Since 2023, it has risen by ...