Globant is a holding company. Through its subsidiaries, Co. is engaged in providing software solutions services. Co. creates software products that connects its customers with consumers and employees. Co. provides services from development and delivery centers located in United States, Argentina, Uruguay, Colombia, Brazil, Peru, Chile, Mexico, India, Spain, Belarus, Romania and United Kingdom. Co. also has client management centers in United States, Brazil, Colombia, Uruguay, Argentina, France, Chile, Mexico and the United Kingdom. Co. also has centers of software engineering talent and educational, primarily across Latin America. We show 7 historical shares outstanding datapoints in our GLOB shares outstanding history coverage, used to compute GLOB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GLOB market cap history over the course of time is important for investors
interested in comparing GLOB'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 GLOB versus a peer is one thing; comparing
GLOB 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 GLOB can fluctuate over the course of history.
With this page we aim to empower investors researching GLOB by allowing them to research the GLOB market cap history. |
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Video: The Importance of Market Cap
