Cineverse Corp. is a global streaming technology and entertainment company. Co.'s business is operating as a portfolio of owned and operated streaming channels; a global aggregator and full-service distributor of feature films and television programs, and a technology software-as-a-service platform for over-the-top app development and content distribution through subscription video on demand (SVOD), dedicated ad-supported (AVOD), ad-supported streaming linear (FAST) channels, social video streaming services, and audio podcasts. We show 3 historical shares outstanding datapoints in our CNVS shares outstanding history coverage, used to compute CNVS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CNVS market cap history over the course of time is important for investors
interested in comparing CNVS'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 CNVS versus a peer is one thing; comparing
CNVS 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 CNVS can fluctuate over the course of history.
With this page we aim to empower investors researching CNVS by allowing them to research the CNVS market cap history. |
Free CNVS Email Alerts:
Video: The Importance of Market Cap
