| Altaba is a publicly traded, non-diversified, closed-end management investment company. Co.'s investment objective is to seek to increase the price per share at which it trades relative to the then-existing values of its principal underlying assets (the Alibaba Group Holding Limited (Alibaba) ordinary shares and American Depositary Shares and Yahoo Japan Corporation (Yahoo Japan) shares of common stock). In addition to the Alibaba shares and Yahoo Japan shares, Co. also owns investments in certain additional companies Excalibur IP, LLC, which owns a portfolio of patent assets and short-term investments. We show 32 historical shares outstanding datapoints in our AABA shares outstanding history coverage, used to compute AABA market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AABA market cap history over the course of time is important for investors
interested in comparing AABA's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AABA versus a peer is one thing; comparing
AABA market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AABA can fluctuate over the course of history.
With this page we aim to empower investors researching AABA by allowing them to research the AABA market cap history.