MediaCo Holding is a radio broadcasting company. Co.'s assets primarily consist of two radio stations, WQHT-FM and WBLS-FM, which serve the New York City metropolitan area, as well as various advertising structures in the Southeast (Valdosta) region and Mid-Atlantic (Kentucky) region of the U.S. Co. is engaged primarily in radio and outdoor advertising sales, as well as in events, including sponsorships and ticket sales. We show 10 historical shares outstanding datapoints in our MDIA shares outstanding history coverage, used to compute MDIA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MDIA market cap history over the course of time is important for investors
interested in comparing MDIA'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 MDIA versus a peer is one thing; comparing
MDIA 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 MDIA can fluctuate over the course of history.
With this page we aim to empower investors researching MDIA by allowing them to research the MDIA market cap history. |
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Video: The Importance of Market Cap
