Two major streaming companies are set to split their stocks, a decision that can make shares more affordable for investors and create excitement in the market. A stock split does not alter a company's fundamentals but is often viewed as a bullish signal by management. Notably, Netflix, which hasn't split its stock since 2015, is experiencing significant growth with a substantial increase in stock price and revenue, positioning it for a potential split this year amid competition and market fluctuations.
Stock splits create a lot of buzz in the stock market. A stock split happens when a company divides its shares into additional shares, triggering positivity.
When stock prices hover around all-time highs, investors think of it as expensive and start looking for alternatives, leading management to consider a split.
Despite rising competition and market volatility, Netflix has maintained consistent growth, with revenue at $39 billion for 2024 and net income up to $8.71 billion.
Streaming giant Netflix last split its stock in 2015, and with a stock price nearing its previous split value, it is anticipated to split this year.
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