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In other words, assuming Wall Street's estimates are accurate, Netflix stock would have to soar by 51% over the next two years just to maintain its current P/E ratio of 49.6.
Netflix has split its stock twice in its history: a 2-for-1 split in 2004 and then a 7-for-1 split in 2015. At the time of its 2015 split, Netflix was trading at around $700 a share.
Netflix is a strong candidate for a stock split in the coming year. It's still the top dog of streaming services stocks, and momentum is on its side heading into 2025. If it does crack the $1,000 ...
Reed Hastings says in a Netflix blog post that the DVD section of Netflix would be split off and renamed Qwikster, and the only major change would be separate websites for the services. [18] This change would be retracted a month later. November: Finance: Netflix stock plunges from 42.16/share in July to 9.12/share in November, as 800,000 ...
Netflix previously split its stock in 2015 when it was trading around $700 per share. Since then, it has gained nearly 900%. With shares about to break into the four-figure range, management is ...
Netflix (NASDAQ: NFLX) has been without a doubt one of the best-performing stocks this century. If you were lucky enough or foresightful enough to invest $1,000 in this streaming stock in late ...
Netflix has split its stock only twice, but both times the shares were trading at much lower price points. It's due for a split since its 7-for-1 transaction nearly 10 years ago in the summer of 2015.
First off, it's worth pointing out that Netflix hasn't done a stock split in years -- nearly a decade, in fact. The company last split its shares in 2015, performing a 7-for-1 stock split in July ...