Nextdoor Holdings, Inc. provides Nextdoor platform, which enables neighbors and organizations to build an engaged community of neighbors, businesses and public services that can be depended on to exchange valuable information, goods and services. Neighbors can discover and interact with local businesses, leave recommendations, and follow their Faves on the platform. Neighbors can utilize a local marketplace, for sale and free, to buy, sell, or give away items, and offer services such as dog walking. We show 3 historical shares outstanding datapoints in our NXDR shares outstanding history coverage, used to compute NXDR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NXDR market cap history over the course of time is important for investors
interested in comparing NXDR'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 NXDR versus a peer is one thing; comparing
NXDR 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 NXDR can fluctuate over the course of history.
With this page we aim to empower investors researching NXDR by allowing them to research the NXDR market cap history. |
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Video: The Importance of Market Cap
