Lumen Technologies is a holding company. Through its subsidiaries, Co. is a technology and communications company focused on providing its business and residential customers with integrated products and services. Co.'s segments are: Business, which provides its products and services under four sales channels, which are Compute and Application Services, Internet Protocol and Data Services, Fiber Infrastructure Services, and Voice and Other, to its enterprise and commercial customers; and Mass Markets, which provides products and services to consumer and small business customers including Consumer Broadband, Small Business Group, Voice and Other, and Connect America Fund (CAF) II. We show 15 historical shares outstanding datapoints in our LUMN shares outstanding history coverage, used to compute LUMN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LUMN market cap history over the course of time is important for investors
interested in comparing LUMN'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 LUMN versus a peer is one thing; comparing
LUMN 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 LUMN can fluctuate over the course of history.
With this page we aim to empower investors researching LUMN by allowing them to research the LUMN market cap history. |
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Video: The Importance of Market Cap
