Airbnb operates a global marketplace, where hosts offer guests stays and experiences on its platform. Co.'s marketplace model connects hosts and guests online or through mobile devices to book spaces and experiences. For hosts, Co. provides global demand, activation and merchandising, pricing recommendations, scheduling, integrated payments, community support, host protections, reviews and feedback, and a Superhost program. As of Sept 30 2020, its more than 4 million hosts had 7.4 million available listings, of which 5.6 million were active listings. Co.'s listings include private rooms, entire homes, luxury villas, treehouses, igloos, and experiences. We show 4 historical shares outstanding datapoints in our ABNB shares outstanding history coverage, used to compute ABNB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ABNB market cap history over the course of time is important for investors
interested in comparing ABNB'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 ABNB versus a peer is one thing; comparing
ABNB 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 ABNB can fluctuate over the course of history.
With this page we aim to empower investors researching ABNB by allowing them to research the ABNB market cap history. |
Video: The Importance of Market Cap
