Akamai Technologies, Inc. is a cloud company that develops and provides solutions for global enterprises to build, deliver and secure their digital experiences on its distributed worldwide network. Akamai Connected Cloud, the Co.'s platform, is comprised of an edge and cloud architecture and underlying network for cloud computing, security and content delivery services. Its cloud computing services include compute, storage, networking, database and container management services that are required to build, deploy and secure applications and workloads. We show 59 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
