Courtesy of ZeroHedge. View original post here.
Submitted by Tyler Durden.
Welcome to the new normal efficient “market” – where 7 sevenths are worth 3.5% more than the whole…
If a 7-for-1 stock split is good for 3% then a 700-for-1 should be enough for 300% – get back to work Mr. Hastings.
Just a gentle reminder to the algos… NOTHING CHANGED!!
And of course, so begins CNBC’s idiocy contemplating how long before NFLX at its new lower price will be included in The Dow.
A gentle reminder of what happened the last time NFLX stock split…