Accolade provides personalized, technology-enabled solutions that help customers navigate and utilize the healthcare system and their workplace benefits. Co.'s customers are primarily employers that deploy Co.'s platform in order to provide employees and their families a single place to turn for their health, healthcare, and benefits needs. The platform combines open, cloud-based intelligent technology with multimodal support from a team of Accolade Health Assistants and clinicians (including nurses, physician medical directors, and behavioral health specialists). Co.'s customers range across industries such as media, technology, financial services, transportation, energy, and retail. We show 2 historical shares outstanding datapoints in our ACCD shares outstanding history coverage, used to compute ACCD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ACCD market cap history over the course of time is important for investors
interested in comparing ACCD'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 ACCD versus a peer is one thing; comparing
ACCD 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 ACCD can fluctuate over the course of history.
With this page we aim to empower investors researching ACCD by allowing them to research the ACCD market cap history. |
Video: The Importance of Market Cap
