Lee Enterprises, Incorporated is a provider of local news and information in the markets it serves with digital subscription and advertising platforms. Co.'s product portfolio includes digital subscription platforms, daily, weekly and monthly newspapers and niche publications, all delivering original local news and information. Co.'s products offer print and digital editions, and its content and advertising are available in real time through its websites and mobile apps. It operates in predominately mid-sized communities with products ranging from daily newspapers and associated digital products, such as the St. We show 62 historical shares outstanding datapoints in our LEE shares outstanding history coverage, used to compute LEE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LEE market cap history over the course of time is important for investors
interested in comparing LEE'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 LEE versus a peer is one thing; comparing
LEE 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 LEE can fluctuate over the course of history.
With this page we aim to empower investors researching LEE by allowing them to research the LEE market cap history. |
Free LEE Email Alerts:
Video: The Importance of Market Cap
