NextNav Inc. (NextNav) is engaged in delivering positioning, navigation, and timing (PNT) solutions that overcome the limitations of the existing space-based global positioning system (GPS). NextNav delivers differentiated PNT solutions through its network-based Pinnacle and TerraPoiNT solutions. Pinnacle is its z-axis service, a vertical positioning network to cover the entire metropolitan area. Its Pinnacle system provides accurate altitude service to any device with a barometric pressure sensor, including most off-the-shelf Android and iOS smartphones, appropriately specified internet of things (IOT) devices, as well as vehicles and other equipment. We show 14 historical shares outstanding datapoints in our NN shares outstanding history coverage, used to compute NN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NN market cap history over the course of time is important for investors
interested in comparing NN'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 NN versus a peer is one thing; comparing
NN 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 NN can fluctuate over the course of history.
With this page we aim to empower investors researching NN by allowing them to research the NN market cap history. |
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Video: The Importance of Market Cap
