GO Acquisition is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. Co.'s primary focus is to identify a prospective target business with either all or a substantial portion of its activities in North America or Europe in the travel-related and travel-adjacent businesses. We show 8 historical shares outstanding datapoints in our GOAC shares outstanding history coverage, used to compute GOAC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GOAC market cap history over the course of time is important for investors
interested in comparing GOAC'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 GOAC versus a peer is one thing; comparing
GOAC 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 GOAC can fluctuate over the course of history.
With this page we aim to empower investors researching GOAC by allowing them to research the GOAC market cap history. |
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Video: The Importance of Market Cap
