Ark Restaurants, through its subsidiaries, owns and/or operates restaurants and bars, fast food concepts and catering operations. Co. operates restaurants in New York City, Washington, D.C., Las Vegas, NV, Atlantic City, NJ, Florida and the gulf coast of Alabama. The Las Vegas operations include restaurants within the New York-New York Hotel and Casino Resort and operation of the hotel's room service, banquet facilities, employee dining room and food court concepts and a restaurant within the Planet Hollywood Resort and Casino. In Atlantic City, NJ, Co. operates a restaurant in the Tropicana Hotel and Casino. We show 59 historical shares outstanding datapoints in our ARKR shares outstanding history coverage, used to compute ARKR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ARKR market cap history over the course of time is important for investors
interested in comparing ARKR'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 ARKR versus a peer is one thing; comparing
ARKR 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 ARKR can fluctuate over the course of history.
With this page we aim to empower investors researching ARKR by allowing them to research the ARKR market cap history. |
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Video: The Importance of Market Cap
