Netflix has completed a ten-for-one stock split to make buying shares easier for everyday investors, according to Reuters . The streaming company gave nine extra shares to everyone who owned one share before Nov. 10. Trading started at the new, lower price on Nov. 17. Before the split, one Netflix share cost over $1,100, which was too expensive for many people.
The company said this change helps employees who want to buy stock through their work programs. Netflix is now worth $461.44 billion in total value. Reuters reports the company's stock price has jumped more than 360% in three years, doing much better than competitors like Disney and Comcast . After announcing the split, the stock went up 3% to $1,123.49, showing investors liked the news.
What the split mea

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