Dover Motorsports is a holding company. Co. is engaged as a marketer and promoter of motorsports entertainment. Through its subsidiaries, Co. owns and operates Dover International Speedway® in Dover, DE and Nashville Superspeedway® near Nashville, TN. Co. is engaged in the following sources: television and radio broadcasts of its events; ticket sales; sponsorship payments; suite rentals; hospitality tent rentals and catering; concessions and vendor commissions for the right to sell concessions and souvenirs at its facilities; expo space rentals; and track and facility rentals and other event-related activities. We show 48 historical shares outstanding datapoints in our DVD shares outstanding history coverage, used to compute DVD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DVD market cap history over the course of time is important for investors
interested in comparing DVD'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 DVD versus a peer is one thing; comparing
DVD 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 DVD can fluctuate over the course of history.
With this page we aim to empower investors researching DVD by allowing them to research the DVD market cap history. |
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Video: The Importance of Market Cap
