Corning provides glass for notebook computers, flat panel desktop monitors, display televisions, and other information display applications; carrier network and enterprise network products for the telecommunications industry; ceramic substrates for gasoline and diesel engines in automotive and heavy-duty vehicle markets; laboratory products for the scientific community and polymer products for biotechnology applications; optical materials for the semiconductor industry and the scientific community; and polycrystalline silicon products and other technologies. Co.'s segments are: Display Technologies, Optical Communications, Specialty Materials, Environmental Technologies and Life Sciences. We show 58 historical shares outstanding datapoints in our GLW shares outstanding history coverage, used to compute GLW market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Corning market cap history over the course of time is important for investors
interested in comparing Corning'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 Corning versus a peer is one thing; comparing
Corning 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 Corning can fluctuate over the course of history.
With this page we aim to empower investors researching Corning by allowing them to research the Corning market cap history. |
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Video: The Importance of Market Cap
