NIO is a holding company. Through its subsidiaries, Co. designs, develops, manufactures and sells smart electric vehicles. Co.'s vehicles include: ES8, which is a six-seater or seven-seater smart electric SUV; ES6, which is a five-seater smart electric SUV; EC6, which is a smart electric coupe SUV; and ET7, which is a smart electric sedan. We show 1 historical shares outstanding datapoints in our NIO shares outstanding history coverage, used to compute NIO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NIO market cap history over the course of time is important for investors
interested in comparing NIO'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 NIO versus a peer is one thing; comparing
NIO 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 NIO can fluctuate over the course of history.
With this page we aim to empower investors researching NIO by allowing them to research the NIO market cap history. |
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Video: The Importance of Market Cap
