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Netflix is closing in on $200 per share as the stock's momentum builds from last week's increase on some of its prices. Netflix is closing in on $200 per share as the stock's momentum builds from last week's increase on some of its prices.
Typically, companies split their stocks when the price becomes quite high. Netflix closed at $681.19 a share on Tuesday and rallied more than 2% in after-hours trading. The stock is up 55% over the past 12 months, and a massive 99% year-to-date. Here's a chart of the rally this year: