1. Netflix announces a 10-for-1 stock split starting November 17. 2. Stock performance has increased 23% year-to-date and 5x since 2022 lows. 3. New ad-supported plan attracts users, enhancing revenue streams significantly. 4. Potential inclusion in the Dow Jones could further boost stock demand. 5. Stock splits historically improve accessibility and increase trading volumes.
Historically, stock splits like Nvidia and Tesla led to increased stock prices. The accessibility of shares post-split may stimulate demand and trading activity.
The article discusses significant changes directly affecting NFLX's stock price and accessibility. Stock splits serve as noteworthy events that lead to shifts in market perception.
In the short term, the stock split itself may boost NFLX's price. Past instances show stocks perform well shortly after a split, increasing interest among retail investors.