The Cigna Group is a global health company. Co. has two growth platforms: Evernorth Health Services and Cigna Healthcare. Co.'s portfolio of offerings solves diverse challenges across the healthcare system. Evernorth Health Services includes a range of independent and coordinated health solutions and capabilities designed to enable the healthcare system to help people live richer, healthier lives. Health plans, employers, governmental organizations and health care providers partner with Evernorth Health Services to solve their challenges in the areas of pharmacy benefits, home delivery pharmacy, specialty pharmacy, specialty distribution, and care delivery and management solutions. We show 59 historical shares outstanding datapoints in our CI shares outstanding history coverage, used to compute CI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CI market cap history over the course of time is important for investors
interested in comparing CI'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 CI versus a peer is one thing; comparing
CI 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 CI can fluctuate over the course of history.
With this page we aim to empower investors researching CI by allowing them to research the CI market cap history. |
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Video: The Importance of Market Cap
