Luminar Technologies, Inc. is a global automotive technology company, which is engaged in vehicle safety and autonomy. It enables safety and autonomous capabilities for passenger and commercial vehicles and other adjacent markets. Its Autonomy Solutions segment is engaged in the design, manufacturing, and sale of lidar sensors catering mainly to the original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries. We show 15 historical shares outstanding datapoints in our LAZR shares outstanding history coverage, used to compute LAZR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LAZR market cap history over the course of time is important for investors
interested in comparing LAZR'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 LAZR versus a peer is one thing; comparing
LAZR 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 LAZR can fluctuate over the course of history.
With this page we aim to empower investors researching LAZR by allowing them to research the LAZR market cap history. |
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Video: The Importance of Market Cap
