Blue Apron provides recipes, ingredients, and cooking techniques to preparing meals to sharing photos and stories of culinary triumphs. Co. also sells wine, which can be paired with its meals, and Co. sells a curated selection of cooking tools, utensils, and pantry items. Co.'s products include: Meals, which provides a 2-Person Plan that serves two people, and a Family Plan that serves four people; Wine, which provides wine delivery service, including red and white wines (and roses, depending on the season), tasting notes, pairing tips, and the story behind each wine; and Market, which provides a selection of cooking tools, utensils, and pantry items. We show 7 historical shares outstanding datapoints in our APRN shares outstanding history coverage, used to compute APRN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing APRN market cap history over the course of time is important for investors
interested in comparing APRN'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 APRN versus a peer is one thing; comparing
APRN 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 APRN can fluctuate over the course of history.
With this page we aim to empower investors researching APRN by allowing them to research the APRN market cap history. |
Video: The Importance of Market Cap
