Blade Air Mobility is a technology-powered, global air mobility platform. Co. provides consumers with ground transportation for congested routes, predominantly within the Northeastern U.S., through its helicopter, amphibious seaplane, and fixed-wing transportation services. Co. operates in three primary lines of business: Short Distance, which consists primarily of flights between New York area airports and Co.'s terminals in Manhattan's heliports; MediMobility Organ Transport and Jet, which consists transportation of human organs for transplant, by-the-seat, jet flights between New York and both Miami and Aspen; and Other, which consists of transportation services to Co.'s fliers. We show 11 historical shares outstanding datapoints in our BLDE shares outstanding history coverage, used to compute BLDE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BLDE market cap history over the course of time is important for investors
interested in comparing BLDE'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 BLDE versus a peer is one thing; comparing
BLDE 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 BLDE can fluctuate over the course of history.
With this page we aim to empower investors researching BLDE by allowing them to research the BLDE market cap history. |
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Video: The Importance of Market Cap
