Meet the Newest Stock-Split Stock in the S&P 500. It's Soared 95,000% Since Its IPO, and It's Still a Buy Heading Into 2026, According to Wall Street.

Netflix (NASDAQ: NFLX) has been one of the biggest growth stories in recent years. Netflix launched its website in 1998 and began its first subscription services in 1999, renting out DVDs. The company went public via an initial public offering (IPO) in May 2002, but the real turning point didn't come until 2007 when it began offering streaming services. In 2016, Netflix launched its streaming service in 130 countries, and there's been no looking back since for the entertainment giant.Between its IPO and international launch, Netflix split its stock twice -- once in 2004 and then in 2015 -- after significant run-ups in its share price. Ten years later, Netflix is doing it yet again. It has announced a 10-for-1 forward stock split, with a record date of Nov. 10. So, every shareholder owning shares of Netflix as of the close of trading on Nov. 10 will get nine additional shares for every share held after the close of trading on Nov. 14.Image source: Netflix.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool