Archer Aviation Inc. is an aerospace company. Co. is engaged in designing and developing electric vertical takeoff and landing (eVTOL) aircraft for use in urban air mobility (UAM) networks. Co.'s eVTOL aircraft are designed to be safe, sustainable, and quiet. Its production aircraft, Midnight, is designed around its proprietary 12-tilt-6 aircraft configuration. Midnight is designed to carry four passengers plus a pilot optimized for back-to-back short distance trips of around 20-miles, with minimal charging time between trips. We show 16 historical shares outstanding datapoints in our ACHR shares outstanding history coverage, used to compute ACHR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ACHR market cap history over the course of time is important for investors
interested in comparing ACHR'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 ACHR versus a peer is one thing; comparing
ACHR 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 ACHR can fluctuate over the course of history.
With this page we aim to empower investors researching ACHR by allowing them to research the ACHR market cap history. |
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Video: The Importance of Market Cap
