Nerdy Inc. operates a platform for live online learning. Co.'s platform leverages technology, including artificial intelligence (AI), to connect students, users, parents, guardians, and purchasers of all ages to tutors, instructors, subject matter experts, educators, and other professionals. Its comprehensive learning destination provides learning experiences across numerous subjects and multiple formats, including one-on-one instruction, small group tutoring, large format classes, tutor chat, essay review, adaptive assessments, and self-study tools. Co.'s flagship business, Varsity Tutors LLC (Varsity Tutors), is a platform for live online tutoring and classes. We show 14 historical shares outstanding datapoints in our NRDY shares outstanding history coverage, used to compute NRDY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NRDY market cap history over the course of time is important for investors
interested in comparing NRDY'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 NRDY versus a peer is one thing; comparing
NRDY 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 NRDY can fluctuate over the course of history.
With this page we aim to empower investors researching NRDY by allowing them to research the NRDY market cap history. |
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Video: The Importance of Market Cap
