Drive Shack is an owner and operator of golf-related leisure and entertainment venues and courses. Co.'s segments include: entertainment golf and traditional golf. In entertainment golf segment, Co. provides social entertainment through its golf-related leisure and entertainment venues with gaming and golf technology, a chef-inspired menu, craft cocktails, and engaging social events. Each Co.'s venue features suite style bays with lounge seating; augmented-reality golf games and virtual course play; a restaurant and multiple bars; an outdoor patio with lawn games; and arcade games. Co.'s traditional golf segment includes American Golf, an operator of golf properties in the U.S. We show 33 historical shares outstanding datapoints in our DS shares outstanding history coverage, used to compute DS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DS market cap history over the course of time is important for investors
interested in comparing DS'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 DS versus a peer is one thing; comparing
DS 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 DS can fluctuate over the course of history.
With this page we aim to empower investors researching DS by allowing them to research the DS market cap history. |
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Video: The Importance of Market Cap
