CyrusOne is a self-managed data center real estate investment trust that owns, operates and develops enterprise-class, carrier-neutral, multi-tenant and single-tenant data center properties. Co. provides data center real estate assets that protect and ensure the continued operation of information technology infrastructure for its customers. Data centers are real estate assets that serve as centralized deployments of server, storage and network equipment. They are designed to provide the space, power, cooling and network connectivity necessary to operate information technology equipment. We show 38 historical shares outstanding datapoints in our CONE shares outstanding history coverage, used to compute CONE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CONE market cap history over the course of time is important for investors
interested in comparing CONE'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 CONE versus a peer is one thing; comparing
CONE 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 CONE can fluctuate over the course of history.
With this page we aim to empower investors researching CONE by allowing them to research the CONE market cap history. |
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Video: The Importance of Market Cap
