Nucor Corporation is a manufacturer of steel and steel products, with operating facilities in the U.S., Canada and Mexico. Its segments include steel mills, steel products, raw materials, and Nucor Data Systems. The Steel Mills segment produces sheet steel (hot-rolled, cold-rolled and galvanized), plate steel, structural steel (wide-flange beams, beam blanks, H-piling, and sheet piling) and bar steel (blooms, billets, concrete reinforcing bar, merchant bar and engineered special bar quality. We show 53 historical shares outstanding datapoints in our NUE shares outstanding history coverage, used to compute NUE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NUE market cap history over the course of time is important for investors
interested in comparing NUE'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 NUE versus a peer is one thing; comparing
NUE 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 NUE can fluctuate over the course of history.
With this page we aim to empower investors researching NUE by allowing them to research the NUE market cap history. |
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Video: The Importance of Market Cap
