The Netflix stock price opened at $99.97 today after the company held a 7-for-1 stock split this morning. Through this morning, NFLX shares have gained 104% in 2015.
Netflix Inc. (Nasdaq: NFLX) stock closed at $702.60 on Tuesday. When a 7-for-1 stock place takes place, the price of the shares are divided by seven.
Here's what the new Netflix stock price means for shareholders and prospective investors...
The Netflix stock price opened at $99.97 today after the company held a 7-for-1 stock split this morning. Through this morning, NFLX shares have gained 104% in 2015.
Netflix Inc. (Nasdaq: NFLX) stock closed at $702.60 on Tuesday. When a 7-for-1 stock place takes place, the price of the shares are divided by seven.
Here's what the new Netflix stock price means for shareholders and prospective investors...
The Netflix stock split will take place tomorrow (Wednesday, July 15). It's a 7-for-1 stock split, which means investors of record as of July 2 will receive seven shares of Netflix Inc. (Nasdaq: NFLX) for every one they previously owned.
Ahead of the Netflix stock split, shares hit an all-time high of $716.16 on Monday. Now, readers are asking us if they should buy NFLX stock at these high prices.
Netflix Inc. (Nasdaq: NFLX) held its annual shareholder meeting Tuesday and shareholders voted to approve the Netflix stock split.
The stock split will bring Netflix's share total to 5 billion. That's more than 30 times the current number of shares on the market.
But should you buy NFLX stock following the Netflix stock split? Here's your answer...
A Netflix stock split may be coming as soon as June 9, 2015.
That's when Netflix Inc. (Nasdaq: NFLX) will hold its annual meeting, where investors will vote on the potential NFLX stock split.
NFLX is now up 39.6% in 2015. That compares to gains of just 1.4% for the Dow Jones Industrial Average and 2.2% for the S&P 500.
