Aurora Innovation is engaged in developing the Aurora Driver, a suite of self-driving hardware, software and data services designed as a platform to adapt and interoperate amongst vehicle types and applications. The Aurora Driver is based on a common driver platform design that can integrate with vehicles of various makes, models, and classes to serve multiple commercial applications. The Aurora Driver is designed to deliver autonomous driving without the need for a human in the vehicle. Aurora's custom-designed hardware suite includes sensor coverage on three sensing modalities: lidar, radar, and camera, as well as computing to enable response time. We show 7 historical shares outstanding datapoints in our AUR shares outstanding history coverage, used to compute AUR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AUR market cap history over the course of time is important for investors
interested in comparing AUR'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 AUR versus a peer is one thing; comparing
AUR 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 AUR can fluctuate over the course of history.
With this page we aim to empower investors researching AUR by allowing them to research the AUR market cap history. |
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Video: The Importance of Market Cap
