Netflix stock has opened lower by 90% on Monday. But shareholders have absolutely nothing to worry about. The investment value of Netflix shareholders remains the same.

Netflix stock closed around $1,140 on Friday but opened around $111 on Monday. The big change in the Netflix share price is a result of a stock split. Trading began on a split-adjusted basis at market open on Monday, November 17, 2025.

Netflix shares traded at $1,100 before the split; an investor holding one share before the split would hold 10 shares priced at $110 each after the split. So, do not get confused after the Netflix stock price has fallen to $111 on open on November 17, a fall of 90%.

Netflix had declared a ten-for-one stock split, which will allow owners of record on November 10, 2025, to get nine more shares for each share they already own, making the company’s stock more affordable.

The record date for the Netflix stock split was November 10. Each shareholder as of the close of trading on Monday, November 10, 2025, became eligible for the ten-for-one stock split of the Company’s common stock.

The additional 9 shares for every share held on the record date of Netflix were credited to the Demat account after the close of trading on Friday, November 14, 2025.

Stock prices on investing websites adjust to reflect splits, preventing confusion that could suggest a large sell-off when there isn’t one. Ultimately, a stock split doesn’t alter the company’s value, but it can make shares more accessible to investors unable to purchase fractional shares.

Netflix has announced a stock split to make each share of the company more affordable for investors. A stock split results in an increase in the number of shares of the company without any change in the shareholder equity and diluting current shareholders’ ownership interests.

It is Netflix’s ten-for-one stock split, as every shareholder holding 1 Netflix stock will effectively hold 10 stocks, before trading begins post-split on November 17.

Netflix, with a market cap of around $467 billion, is up over 25% YTD and 31% in the last 12 months. On the trading date after the stock split, on Monday, November 17, the stock will begin trading at one-tenth of its previous price.

Brokerages can be categorized mainly by whether they have commissions or not, and then by the features of the platforms you do your actual trading on.

Commissions Brokerages

TDAmeritrade

ThinkOrSwim is the all-around best stock/options/forex/futures platform. It has issues but it also has a lot of features and is used by tons of traders. The commissions are relatively high but you can call in and get them lowered if you complain. The charts are widely considered to be the best. At least a few times a year there will be data outages during trading hours on ThinkOrSwim.

Ninjatrader 7/8*

Ninjatrader 8 is a great platform for trading futures. The Ninjatrader site gives you a choice of two different futures brokerages which are pretty similar. There are rarely data outage issues but the charts are comparatively not as good as ThinkOrSwim though they have many standout features that no other platform has. If you can program you can indefinitely extend nearly every aspect of the platform.

You can optionally buy the expensive multibroker license and use Ninjatrader 8 simultaneously with a lot of different brokerages for futures, forex, and stocks, but the free/lease licenses are sufficient for futures trading depending on the features you need.

Tastyworks

Lowest trading fees of all the commissions-having brokerages. The charts are crap and there is no tick data but a lot of people like it for executing trades due to the low fees.

AMP

The Walmart of futures trading. It's got a bunch of platforms you can choose from and some of the lowest commissions. I've traded with it. It's not bad. Most of the platforms they offer are garbage but the TT-Web trading platform is pretty good.

Interactive Brokers

Probably one of the worst interfaces but it has low fees and a lot of people swear by it.

No-Commissions Brokerages

Robinhood

Robinhood is the original no-fee brokerage. They now offer options as well as long-only stock trades. They have a phone client and a new PC interface.

Alpaca

Alpaca is a no-fee algo-trading brokerage that is in early access. I don't have a whole lot of information about it but I'm interested to see what people do with the free market data API.

Oanda

Technically free forex brokerage, you just pay spread. TD has that too though.