Netflix (NFLX) jumped Wednesday after stockholders approved a proposal for the board to issue more shares. The move will see Netflix increase shares outstanding to 5 billion from the current 175 million, a step that increases the likelihood of a stock split. Stocks shook off the malaise that has hovered over Wall Street over the past few sessions, booking big gains as crude moved higher and the financial sector rallied. Crude oil held onto earlier gains after the EIA reported a decline in oil inventories of 6.8 million barrels over the past week. That was a drop quadruple what analysts had expected.
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