International Speedway owns motorsports entertainment facilities and promoter of motorsports themed entertainment activities in the U.S. Co.'s motorsports themed event operations consist primarily of racing events at its motorsports entertainment facilities. Co. conducts, either through operations of the particular facility or through its wholly owned subsidiary, Americrown Service Corporation, food and beverage concession operations and catering services, both in suites and chalets. Co.'s subsidiary, Motor Racing Network, Inc. creates motorsports-related programming content carried on radio stations around the country, as well as on a national satellite radio service, Sirius XM Radio. We show 40 historical shares outstanding datapoints in our ISCA shares outstanding history coverage, used to compute ISCA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ISCA market cap history over the course of time is important for investors
interested in comparing ISCA'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 ISCA versus a peer is one thing; comparing
ISCA 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 ISCA can fluctuate over the course of history.
With this page we aim to empower investors researching ISCA by allowing them to research the ISCA market cap history. |
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Video: The Importance of Market Cap
