8x8, Inc. is a provider of software-as-a-service solutions for contact centers, voice communications, video meetings, employee collaboration, and embeddable communication application programming interfaces (API). Co.'s communications platform solutions comprise the 8x8 XCaaS platform, which is an integrated contact center, voice communications, video, chat, and SMS solution built on one global cloud communications platform. Its integrated technology platform includes 8x8 Work, 8x8 Contact Center, 8x8 Engage and 8x8 X Series. We show 64 historical shares outstanding datapoints in our EGHT shares outstanding history coverage, used to compute EGHT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EGHT market cap history over the course of time is important for investors
interested in comparing EGHT'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 EGHT versus a peer is one thing; comparing
EGHT 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 EGHT can fluctuate over the course of history.
With this page we aim to empower investors researching EGHT by allowing them to research the EGHT market cap history. |
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Video: The Importance of Market Cap
