Livongo Health is engaged in Applied Health Signals, which is involved in the management of chronic conditions. Co.'s platform provides cellular-connected devices, supplies, informed coaching, and data science-enabled insights and facilitates access to medications across multiple chronic conditions. Co. provides the following solutions: Livongo for diabetes; Livongo for hypertension; Livongo for prediabetes and weight management; and Livongo for behavioral health by myStrength. We show 6 historical shares outstanding datapoints in our LVGO shares outstanding history coverage, used to compute LVGO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LVGO market cap history over the course of time is important for investors
interested in comparing LVGO'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 LVGO versus a peer is one thing; comparing
LVGO 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 LVGO can fluctuate over the course of history.
With this page we aim to empower investors researching LVGO by allowing them to research the LVGO market cap history. |
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Video: The Importance of Market Cap
