Enovix Corporation is an advanced silicon battery company. Co.'s disruptive architecture enables a battery with high energy density and capacity without compromising safety. It is engaged in designing, developing, manufacturing, and commercializing lithium-ion (Li-ion) battery cells that significantly increase the amount of energy density and storage capacity relative to conventional battery cells. Its product roadmap consists of future nodes at higher levels of energy density. In addition to designing its battery, it also develops the advanced manufacturing processes needed to produce its batteries. We show 16 historical shares outstanding datapoints in our ENVX shares outstanding history coverage, used to compute ENVX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ENVX market cap history over the course of time is important for investors
interested in comparing ENVX'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 ENVX versus a peer is one thing; comparing
ENVX 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 ENVX can fluctuate over the course of history.
With this page we aim to empower investors researching ENVX by allowing them to research the ENVX market cap history. |
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Video: The Importance of Market Cap
