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Analyst Finds Netflix Ratings On Par With ABC, NBC

LOS GATOS (CBS SF) - Netflix is getting cheered by shareholders after the company announced its long-awaited stock split.

The seven-for-one split will start trading at the post-split price in July 15th, as the company is making the move while the stock trades at an all time high, having posted a healthy gain over the past twelve months.
Netflix has more than 40-million subscribers in the U-S, but the company doesn't disclose specific ratings by show, making it somewhat difficult to compare it to the traditional tv networks.

FBR Capital is trying to figure that out, putting out a research paper that says Netflix has the equivalent 24-hour Nielsen rating of a 2.6, putting it on par with ABC and NBC.

Keeping a lid on a big gain in Netflix stock is billionaire Carl Icahn announcing that he's sold his remaining stake in Netflix, which he's been doing in chunks ever since buying the stock three years ago at a price less than a tenth of where its currently valued.

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