Arcadium Lithium is a lithium chemicals producer. Co. is engaged in the brine extraction, direct lithium brine extraction, hard rock mining, chemical processing and production of battery grade and specialty lithium products. We show 18 historical shares outstanding datapoints in our ALTM shares outstanding history coverage, used to compute ALTM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ALTM market cap history over the course of time is important for investors
interested in comparing ALTM'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 ALTM versus a peer is one thing; comparing
ALTM 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 ALTM can fluctuate over the course of history.
With this page we aim to empower investors researching ALTM by allowing them to research the ALTM market cap history. |
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Video: The Importance of Market Cap
