Dune is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. We show 13 historical shares outstanding datapoints in our DUNE shares outstanding history coverage, used to compute DUNE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DUNE market cap history over the course of time is important for investors
interested in comparing DUNE'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 DUNE versus a peer is one thing; comparing
DUNE 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 DUNE can fluctuate over the course of history.
With this page we aim to empower investors researching DUNE by allowing them to research the DUNE market cap history. |
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Video: The Importance of Market Cap
