Innoviz Technologies designs and manufactures solid state LiDAR sensors and develops perception software that enable the mass-production of autonomous vehicles. Co. manufactures InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxi, shuttle, trucking, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. Co.'s automotive-grade sensor is integrable into Level 3 through 5 autonomous vehicles for the safety of passengers and pedestrians. Co. operates in Europe, the Middle East, Africa and North America. We show 1 historical shares outstanding datapoints in our INVZ shares outstanding history coverage, used to compute INVZ market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing INVZ market cap history over the course of time is important for investors
interested in comparing INVZ'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 INVZ versus a peer is one thing; comparing
INVZ 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 INVZ can fluctuate over the course of history.
With this page we aim to empower investors researching INVZ by allowing them to research the INVZ market cap history. |
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Video: The Importance of Market Cap
