Altice USA is a holding company. Through its subsidiaries, Co. is a broadband communications and video services provider and markets its services under Optimum and Suddenlink brands. Co. delivers broadband, pay television, telephony services, proprietary content and advertising services to customers in and around the New York metropolitan area and in the south-central U.S., with the majority of its customers located in Texas, West Virginia, Louisiana, Arkansas, North Carolina, Oklahoma, Arizona, California, Missouri and Ohio. Co. also provides fiber connectivity, bandwidth and managed services to enterprise customers through its Lightpath business and advertising time to advertisers. We show 10 historical shares outstanding datapoints in our ATUS shares outstanding history coverage, used to compute ATUS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ATUS market cap history over the course of time is important for investors
interested in comparing ATUS'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 ATUS versus a peer is one thing; comparing
ATUS 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 ATUS can fluctuate over the course of history.
With this page we aim to empower investors researching ATUS by allowing them to research the ATUS market cap history. |
Video: The Importance of Market Cap
