Netflix is actively exploring a bid for Warner Bros Discovery's studio and streaming business, retaining a financial advisor and gaining access to financial information, according to a report.
Netflix is actively exploring a bid for Warner Bros Discovery's studio and streaming business, retaining a financial advisor and gaining access to financial information, according to three sources familiar with the matter.
Netflix said today its Board of Directors has approved a ten-for-one forward stock split of the company's high-flying common stock that trades at well over 1,000 a share. The split will be enacted through an amendment to the giant streamer's Amended and Restated Certificate of Incorporation.
Netflix on Thursday announced a ten-for-one forward stock split plan of its common stock, making the company's shares more affordable for retail investors.
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.
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