Arconic is engaged in manufacturing aluminum sheet, plate, extrusions and architectural products and systems, serving primarily the ground transportation, aerospace, building and construction, industrial, and packaging end markets. Co.'s three segments are: Rolled Products, which produces a range of aluminum sheet and plate; Building and Construction Systems, which manufactures various products and building envelope solutions, including entrances, curtain walls, windows, composite panel and coil coated sheet; and Extrusions, which produces a range of extruded products, including automotive shapes, aerospace shapes, tube, hollows, mortar fins, and high strength rod and bar. We show 28 historical shares outstanding datapoints in our ARNC shares outstanding history coverage, used to compute ARNC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ARNC market cap history over the course of time is important for investors
interested in comparing ARNC'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 ARNC versus a peer is one thing; comparing
ARNC 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 ARNC can fluctuate over the course of history.
With this page we aim to empower investors researching ARNC by allowing them to research the ARNC market cap history. |
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Video: The Importance of Market Cap
