ADTRAN is a provider of networking and communications equipment. Co.'s solutions and services enable voice, data, video and internet communications across a variety of network infrastructures. Co. has two segments: Network Solutions, which provides solutions supporting fiber-, copper- and coaxial-based infrastructures and a number of wireless solutions, lowering the overall cost to deploy services across a range of applications for Carrier and Cable/multiple-service operator networks; and Services and Support, which provides turn-key suit of services to help operators accelerate deployment of their networks including planning, engineering, construction, installation, test, and turn-up. We show 40 historical shares outstanding datapoints in our ADTN shares outstanding history coverage, used to compute ADTN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ADTN market cap history over the course of time is important for investors
interested in comparing ADTN'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 ADTN versus a peer is one thing; comparing
ADTN 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 ADTN can fluctuate over the course of history.
With this page we aim to empower investors researching ADTN by allowing them to research the ADTN market cap history. |
Video: The Importance of Market Cap
