New York Times is a media company. Co. includes its digital and print products and related businesses, including: its core news product, The New York Times (The Times), which is available on its mobile applications, on its website and as a printed newspaper, and associated content such as its podcasts; its other interest-specific products, including Games, Cooking and Audm (its read-aloud audio service), which are available on mobile applications and websites; Wirecutter, its online review and recommendation product, and The Athletic; and its related businesses, such as its licensing operations; its commercial printing operations; its live events business; and other products and services. We show 53 historical shares outstanding datapoints in our NYT shares outstanding history coverage, used to compute NYT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NYT market cap history over the course of time is important for investors
interested in comparing NYT'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 NYT versus a peer is one thing; comparing
NYT 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 NYT can fluctuate over the course of history.
With this page we aim to empower investors researching NYT by allowing them to research the NYT market cap history. |
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Video: The Importance of Market Cap
