Netflix Stock Jumps On 7-For-1 Stock Split

By | June 23, 2015

Scalper1 News

Netflix (NFLX) late Tuesday announced a 7-for-1 stock split in a move to make its shares more attractive to retail investors. Netflix stock jumped 3% in after-hours trading to around 704 on the news. During the regular session Tuesday, Netflix stock rose nearly 1% to 681.19. The Internet television service hit a record high of 692.79 on June 10. The Los Gatos, Calif.-based company said the stock split will occur on July 14 to shareholders of Scalper1 News

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