Coherent develops, manufactures, and markets engineered materials, optoelectronic components, and devices for use in optical communications, industrial, aerospace and defense, consumer electronics, semiconductor capital equipment, life sciences, and automotive applications end markets. Co.'s products are deployed in various applications, including optical, data, and wireless communications products; laser cutting, welding, marking, and other materials processing operations; 3D sensing consumer applications; aerospace and defense applications including intelligence, surveillance, and reconnaissance; semiconductor processing tools; and thermoelectric cooling and power-generation solutions. We show 53 historical shares outstanding datapoints in our IIVI shares outstanding history coverage, used to compute IIVI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IIVI market cap history over the course of time is important for investors
interested in comparing IIVI'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 IIVI versus a peer is one thing; comparing
IIVI 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 IIVI can fluctuate over the course of history.
With this page we aim to empower investors researching IIVI by allowing them to research the IIVI market cap history. |
Free IIVI Email Alerts:
Video: The Importance of Market Cap
