LQR House is engaged in the supply, sales, marketing and distribution of the alcoholic beverages and other related products in the alcohol industry, including individual consumers, wholesalers and third-party alcohol brands. Co. acquires, builds, markets, and distributes brands through the Country Wine & Spirits Inc. website and other social media channels within Canada, Mexico and United States. We show 2 historical shares outstanding datapoints in our LQR shares outstanding history coverage, used to compute LQR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LQR market cap history over the course of time is important for investors
interested in comparing LQR'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 LQR versus a peer is one thing; comparing
LQR 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 LQR can fluctuate over the course of history.
With this page we aim to empower investors researching LQR by allowing them to research the LQR market cap history. |
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Video: The Importance of Market Cap
