Auddia Inc. is a technology company. Co. is focused on the development of a proprietary artificial intelligence (AI) platform for audio and technologies for podcasts. Co. is leveraging these technologies within its audio app, faidr. Its faidr enables the consumers to listen to any amplitude modulation (AM)/ frequency modulation (FM) radio station with commercial breaks replaced with personalized audio content, including popular and new music, news, and weather. The faidr includes podcasts and exclusive content, branded faidrRadio, which includes new artist discovery, curated music stations, and Music Casts. We show 17 historical shares outstanding datapoints in our AUUD shares outstanding history coverage, used to compute AUUD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AUUD market cap history over the course of time is important for investors
interested in comparing AUUD'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 AUUD versus a peer is one thing; comparing
AUUD 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 AUUD can fluctuate over the course of history.
With this page we aim to empower investors researching AUUD by allowing them to research the AUUD market cap history. |
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Video: The Importance of Market Cap
