Appian Corporation is a software company that automates business processes and operationalizes artificial intelligence (AI) with low-code design. Co. is engaged in helping organizations build applications and workflows, with a low-code automation platform. Its Appian platform is an integrated automation platform that enables organizations to transform the way they work, allowing them to design, automate, and optimize end-to-end processes and complex business operations. It offers Workflow, Robotic Process Automation (RPA), Data Fabric, and Process Mining in one fully integrated, low-code platform. We show 32 historical shares outstanding datapoints in our APPN shares outstanding history coverage, used to compute APPN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing APPN market cap history over the course of time is important for investors
interested in comparing APPN'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 APPN versus a peer is one thing; comparing
APPN 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 APPN can fluctuate over the course of history.
With this page we aim to empower investors researching APPN by allowing them to research the APPN market cap history. |
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Video: The Importance of Market Cap
