Lucid Group, Inc. is a technology company. Co. is focused on designing, developing, manufacturing electric vehicles (EV), EV powertrains and battery systems in-house using its own equipment and factories. It offers its own geographically distributed retail and service locations and through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. We show 11 historical shares outstanding datapoints in our LCID shares outstanding history coverage, used to compute LCID market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LCID market cap history over the course of time is important for investors
interested in comparing LCID'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 LCID versus a peer is one thing; comparing
LCID 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 LCID can fluctuate over the course of history.
With this page we aim to empower investors researching LCID by allowing them to research the LCID market cap history. |
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Video: The Importance of Market Cap
