Cerence is engaged in building artificial intelligence (AI) powered virtual assistants for the mobility/transportation market. Co.'s software platform's edge software components are installed on a vehicle's head unit. Co.'s software platform's cloud-connected components are comprised of certain speech and natural language understanding related technologies, AI-enabled personalization and context-based response frameworks, and content integration platforms. Co. has a team that works with its customers in the design, development and deployment phases of a vehicle head unit program and vehicle model lifecycle, as well as in maintenance and improvement engagements. We show 19 historical shares outstanding datapoints in our CRNC shares outstanding history coverage, used to compute CRNC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CRNC market cap history over the course of time is important for investors
interested in comparing CRNC'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 CRNC versus a peer is one thing; comparing
CRNC 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 CRNC can fluctuate over the course of history.
With this page we aim to empower investors researching CRNC by allowing them to research the CRNC market cap history. |
Free CRNC Email Alerts:
Video: The Importance of Market Cap
