IMAC Holdings is a holding company. Through its subsidiaries, Co. is a provider and manager of medical care combining life science advancements with medical care for movement-restricting diseases and conditions in Innovative Medical Advancements and Care Regeneration Centers and BackSpace clinics. Co. operates outpatient clinics that provide regenerative, orthopedic and minimally invasive procedures and therapies. Co.'s treatments are performed by licensed medical practitioners through its regenerative rehabilitation protocols. Co.'s services include: medical treatments, regenerative medicine, physical medicine, physical therapy, and spinal decompression. We show 14 historical shares outstanding datapoints in our IMAC shares outstanding history coverage, used to compute IMAC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IMAC market cap history over the course of time is important for investors
interested in comparing IMAC'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 IMAC versus a peer is one thing; comparing
IMAC 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 IMAC can fluctuate over the course of history.
With this page we aim to empower investors researching IMAC by allowing them to research the IMAC market cap history. |
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Video: The Importance of Market Cap
