Castlight Health provides health navigation application for employers and health plans and their respective employees and members (users). Co. provides its software-as-a-service platform through the following packages: Care Guidance Navigator, which enables users to make care decisions and navigate their employer-sponsored healthcare benefit programs through an experience tailored specifically for a user's networks, health plans, care options, and programs; Wellbeing Navigator, which helps drive engagement across an employer's entire benefits program; and Complete Health Navigator, which addresses the needs of an organization and guides users through their entire health journey. We show 28 historical shares outstanding datapoints in our CSLT shares outstanding history coverage, used to compute CSLT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CSLT market cap history over the course of time is important for investors
interested in comparing CSLT'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 CSLT versus a peer is one thing; comparing
CSLT 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 CSLT can fluctuate over the course of history.
With this page we aim to empower investors researching CSLT by allowing them to research the CSLT market cap history. |
Video: The Importance of Market Cap
