Edgio is a solutions provider for businesses. Co.'s solutions include Media and Applications platforms. The Media platform enables companies to stream files (video, software downloads, live events). The Media platform include: Co.'s Uplynk solution, which enables business models to monetize their streaming content and Open Edge solution, which enables counterparties, typically Internet service providers to add Co.'s functionality to their networks. The Applications platform enables Co.'s clients to build and improve their web-based applications. Co.'s clients use its Sites product to build headless websites. Co. includes primary tools and integrations to create and release updates. We show 7 historical shares outstanding datapoints in our EGIO shares outstanding history coverage, used to compute EGIO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EGIO market cap history over the course of time is important for investors
interested in comparing EGIO'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 EGIO versus a peer is one thing; comparing
EGIO 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 EGIO can fluctuate over the course of history.
With this page we aim to empower investors researching EGIO by allowing them to research the EGIO market cap history. |
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Video: The Importance of Market Cap
