CarGurus, Inc. (CarGurus) is a multinational, online automotive platform for buying and selling vehicles that offers both digital retail solutions and the CarOffer digital wholesale platform. The CarGurus platform enables consumers to buy and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, instantly acquire, effectively market, and quickly sell vehicles, all with a nationwide reach. Co. operates through two segments: U.S. Marketplace and Digital Wholesale. The U.S. Marketplace segment provides marketplace services for customers within the U.S.. We show 31 historical shares outstanding datapoints in our CARG shares outstanding history coverage, used to compute CARG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CARG market cap history over the course of time is important for investors
interested in comparing CARG'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 CARG versus a peer is one thing; comparing
CARG 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 CARG can fluctuate over the course of history.
With this page we aim to empower investors researching CARG by allowing them to research the CARG market cap history. |
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Video: The Importance of Market Cap
