By 2016, Netflix was available in more than 130 countries. The video-on-demand shows became available on smartphones and other internet connected devices in 2010, the same year that the company started its global expansion. Netflix introduced streaming in 2007, allowing its members to watch their favourite TV shows and movies on their personal computers. Interestingly, Netflix is part of FANG ( Facebook, Amazon, Netflix and Google), which are regarded as high-momentum, as well as the most traded stocks in the world. It is listed on the NASDAQ exchange in the Consumer Services category, where it trades under the ticker NFLX. The Netflix company survived the dot-com crash at the turn of the millennium, holding its Initial Public Offering (IPO) on the 23 rd of May 2002. As of September 2018, Netflix boasted close to 200 million monthly subscribers in over 190 countries. Netflix started as a DVD rental-by-mail service, but over the years evolved into a world leading internet streaming entertainment service. The company is headquartered in Los Gatos, California in the United States. Quote and option data delayed at least 15 minutes stock quote data powered by Ticker Technologies, and Mergent.Netflix was founded on the 29 th of August 1997 by Reed Hastings and Marc Randolph. Video widget and market videos powered by Market News Video. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. All viewers agree that under no circumstances will BNK Invest, Inc. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. Split history database is not guaranteed to be complete or free of errors. or any of its affiliates, subsidiaries or partners. Nothing in is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. NFLX is categorized under the Services sector below are some other companies in the same sector that also have a history of stock splits:Īlso explore: NFLX shares outstanding historyĮvolve Transition Infrastructure LP (SNMP)Ĭopyright © 2013 - 2023, All Rights Reserved Below, we examine the compound annual growth rate - CAGR for short - of an investment into Netflix shares, starting with a $10,000 purchase of NFLX, presented on a split-history-adjusted basis factoring in the complete Netflix stock split history. Looking at the Netflix stock split history from start to finish, an original position size of 1000 shares would have turned into 14000 today. This does not always happen, however, often depending on the underlying fundamentals of the business. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. When a company such as Netflix splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. For example, a 2000 share position pre-split, became a 14000 share position following the split. This was a 7 for 1 split, meaning for each share of NFLX owned pre-split, the shareholder now owned 7 shares. NFLX's second split took place on July 15, 2015. For example, a 1000 share position pre-split, became a 2000 share position following the split. This was a 2 for 1 split, meaning for each share of NFLX owned pre-split, the shareholder now owned 2 shares. The first split for NFLX took place on February 12, 2004. Netflix (NFLX) has 2 splits in our Netflix stock split history database.
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