Dave Inc. specializes in neobanking and financial technology (fintech) services. Co. has built an integrated and fully digital financial services platform that provides millions of Americans with a variety of financial products. Co. offers cash advances through its flagship 0% interest ExtraCash product. Through its Banking, the Co. provides a digital checking account service, integrated with ExtraCash advances. Its members can have access to tools for building long-term financial health, such as goals savings accounts and customizable automatic round-up savings on debit spend transactions. Its ExtraCash and banking products are offered through its bank partner, Evolve Bank & Trust. We show 47 historical shares outstanding datapoints in our DAVE shares outstanding history coverage, used to compute DAVE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DAVE market cap history over the course of time is important for investors
interested in comparing DAVE'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 DAVE versus a peer is one thing; comparing
DAVE 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 DAVE can fluctuate over the course of history.
With this page we aim to empower investors researching DAVE by allowing them to research the DAVE market cap history. |
Free DAVE Email Alerts:
Video: The Importance of Market Cap
