Netflix Announces 10-for-1 Stock Split Amid Mixed Earnings
Netflix shares surged 4% following the announcement of a 10-for-1 stock split, set to take effect after the market closes on November 14. The MOVE aims to make the high-priced stock more accessible to retail investors and employees participating in stock option programs. Shareholders will receive nine additional shares for each share held, though the total value of their holdings remains unchanged.
The streaming giant's Q3 2025 earnings revealed a $11.51 billion revenue that met expectations, but EPS of $5.87 fell short due to a one-time tax charge. Underlying business performance remained strong with 17.2% revenue growth. This marks Netflix's third stock split since its 2002 IPO, following similar moves in 2004 and 2015 during key growth phases of its streaming business.
