MillerKnoll researches, designs, manufactures and distributes interior furnishings and provides related services. Co.'s segments are: Americas Contract, which designs, manufactures and sells furniture products for office, healthcare, and educational environments throughout North and South America; International Contract and Specialty, which designs, manufactures and sells furniture products in Europe, the Middle East, Africa and Asia-Pacific, as well as the operations of the Specialty brands, which include Holly Hunt, Spinneybeck, Maharam, Edelman, and Knoll Textiles; and Global Retail, which sells design furnishings and accessories to third party retailers or direct to consumer sales. We show 9 historical shares outstanding datapoints in our MLKN shares outstanding history coverage, used to compute MLKN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MLKN market cap history over the course of time is important for investors
interested in comparing MLKN'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 MLKN versus a peer is one thing; comparing
MLKN 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 MLKN can fluctuate over the course of history.
With this page we aim to empower investors researching MLKN by allowing them to research the MLKN market cap history. |
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Video: The Importance of Market Cap
