If You'd Bought 1 Share of Netflix at Its IPO, Here's How Many Shares You Would Own Now
Could Netflix split its stock again? Here's its history as a publicly traded company.
Netflix (NASDAQ: NFLX) has arguably been the biggest disruptor to the entertainment industry over the past 30 years. Today, the streaming giant's stock trades at over $1,000 per share and is a potential candidate for a stock split.
But, before getting into that, let's take a closer look at how many shares Netflix investors would own today if they had held on to their shares since they started trading on the Nasdaq Stock Market.
Netflix was founded in 1997 as a competitor to Blockbuster, operating a DVD-by-mail rental service, and quickly went public in 2002 at $15 per share. Just two years later, in 2004, Netflix split its stock 2-for-1 when it was trading at around $70 per share.
