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Wajeeh Khan

Netflix Just Announced a 10-for-1 Stock Split. Should You Buy NFLX Stock Here?

Netflix NFLX WBD Warner Bros Discovery

Netflix (NFLX) shares are inching up on Friday after the streaming giant announced plans of a 10-for-1 stock split. According to its press release, the split will take effect on Nov. 17. 

A stock split does not fundamentally make a company more attractive, but the strategic move could still prove constructive for NFLX shares in the near term. 

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