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Netflix announces a 10-for-1 stock split

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Mateusz Slodkowski | SOPA Images | Lightrocket | Getty Images

Netflix announced a 10-for-1 stock split, a move that changes nothing fundamentally about the company, but could make the pricey individual shares more accessible to the retail investor.

Shareholders as of Nov. 10 will receive nine additional shares for each one they hold on Nov. 14. The stock will then begin trading at the new price on Monday Nov. 17.

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