Luna Innovations Incorporated provides advanced optical technology. Co. is engaged in providing capabilities in fiber optic-based, test products for the telecommunications industry and distributed fiber optic-based sensing for a multitude of industries. It operates through Lightwave segment, which consists of its fiber optics testing, measurement and sensing solutions. Its Lightwave segment develops, manufactures, and markets optical measurement technologies, including sensing and communications test and photonic control. Sensing consists of short, medium, and long-range distributed fiber optic sensing solutions; and Terahertz (THz) measurement products. We show 56 historical shares outstanding datapoints in our LUNA shares outstanding history coverage, used to compute LUNA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LUNA market cap history over the course of time is important for investors
interested in comparing LUNA'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 LUNA versus a peer is one thing; comparing
LUNA 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 LUNA can fluctuate over the course of history.
With this page we aim to empower investors researching LUNA by allowing them to research the LUNA market cap history. |
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Video: The Importance of Market Cap
