Oportun Financial is a financial technology company and digital banking platform providing financial services. Co.'s digital banking platform is designed to address these societal issues with a set of financial services that help people, even those who are not well served by mainstream financial institutions, access credit and budget, save, and invest, without impacting their ability to meet daily spending needs. Co.'s products include: credit, which include personal loans, secured personal loans and credit cards; digital banking, which include, automated savings, as well as a digital bank account and long-term investing and retirement savings available via partners; and lending service. We show 18 historical shares outstanding datapoints in our OPRT shares outstanding history coverage, used to compute OPRT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OPRT market cap history over the course of time is important for investors
interested in comparing OPRT'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 OPRT versus a peer is one thing; comparing
OPRT 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 OPRT can fluctuate over the course of history.
With this page we aim to empower investors researching OPRT by allowing them to research the OPRT market cap history. |
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Video: The Importance of Market Cap
