Akamai Technologies is engaged in the provision of cloud services for delivering, optimizing and securing content and business applications over the internet. Co.'s business is organized into two groups, both of which utilize the Akamai Intelligent Edge Platform and its global sales organization: the Security Technology Group and the Edge Technology Group. The Security Technology Group includes solutions that are designed to keep infrastructure, websites, applications and users safe, while the Edge Technology Group includes solutions that enable business online, including media delivery, web performance and edge computing solutions. We show 56 historical shares outstanding datapoints in our AKAM shares outstanding history coverage, used to compute AKAM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AKAM market cap history over the course of time is important for investors
interested in comparing AKAM'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 AKAM versus a peer is one thing; comparing
AKAM 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 AKAM can fluctuate over the course of history.
With this page we aim to empower investors researching AKAM by allowing them to research the AKAM market cap history. |
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Video: The Importance of Market Cap
