JOANN is a holding company. Through its subsidiaries, Co. provides a selection of fabric and sewing accessories and an assortment of art, crafts, artificial floral, finished seasonal and home decor merchandise that varies based on store location size. Co. provides the following product assortments: yarn and yarn accessories, as well as needlecraft kits and supplies, paper crafting components, craft materials, fine art materials, craft technology, artificial floral products, seasonal decor and entertaining products, home decor accessories, ready-made frames, and an assortment of books and magazines. We show 13 historical shares outstanding datapoints in our JOAN shares outstanding history coverage, used to compute JOAN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing JOAN market cap history over the course of time is important for investors
interested in comparing JOAN'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 JOAN versus a peer is one thing; comparing
JOAN 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 JOAN can fluctuate over the course of history.
With this page we aim to empower investors researching JOAN by allowing them to research the JOAN market cap history. |
Free JOAN Email Alerts:
Video: The Importance of Market Cap
