CONMED Corporation is a medical technology company providing surgical devices and equipment for minimally invasive procedures. Its products are used in specialties like orthopedics, general surgery, gynecology, thoracic surgery, and gastroenterology. The orthopedic surgery line includes sports medicine and lower extremities instrumentation, implants, powered surgical instruments, and imaging systems. General surgery products include endo-mechanical instruments for laparoscopic and gastrointestinal procedures, smoke evacuation devices, cardiac monitoring products, and electrosurgical generators and instruments. We show 64 historical shares outstanding datapoints in our CNMD shares outstanding history coverage, used to compute CNMD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CNMD market cap history over the course of time is important for investors
interested in comparing CNMD'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 CNMD versus a peer is one thing; comparing
CNMD 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 CNMD can fluctuate over the course of history.
With this page we aim to empower investors researching CNMD by allowing them to research the CNMD market cap history. |
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Video: The Importance of Market Cap
