Domo, Inc. provides a cloud-based platform that digitally connects everyone from the CEO to the frontline employee with all the data, systems and people in an organization, giving them access to real-time data and insights and allowing them to put data to work for everyone, so they can multiply their impact on the business. Its platform enables every type of employee to connect to, analyze, and leverage data from their smartphone. Its platform provides real-time access to quantitative and qualitative data. Through the Domo platform, data from across the business is collected, stored, prepared, organized, analyzed, visualized, and shared. We show 29 historical shares outstanding datapoints in our DOMO shares outstanding history coverage, used to compute DOMO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DOMO market cap history over the course of time is important for investors
interested in comparing DOMO'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 DOMO versus a peer is one thing; comparing
DOMO 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 DOMO can fluctuate over the course of history.
With this page we aim to empower investors researching DOMO by allowing them to research the DOMO market cap history. |
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Video: The Importance of Market Cap
