Apple has 6B shares and had massive shares before the split. You cannot compare AAPL's pre-split shares to NFLX.
NFLX ONLY HAS 60MM shares. Shorts are in trouble and after the split it will have 420MM SHARES not 6B shares like AAPL.
NFLX share count will be closer to AMZN's (which has 464MM Shares) which we know can make huge
moves, only difference is, NFLX stock price will 4x cheaper than AMZN, Even if NFLX splits Close to $800
And even with the new structure that 87% institutional holdings still = 87% lol
You will learn
No, I mean with 6OMM Shares, because that's the current structure, and when buyers rush in to take advantage of the split, you will see what this low float will do to you. Maybe you didn't get a chance to see what happened to shorts when BIDU did a 10-1 split with a low float