Pinterest is a visual discovery engine that people use to find the inspiration to create a life they love. Co. allows users, which it calls Pinners, to discover ideas for daily activities like cooking dinner or deciding what to wear, commitments like remodeling a house or training for a marathon, ongoing passions like gardening or fashion, and events like planning a wedding or a dream vacation. On Pinterest, people discover visual content, which Co. calls Pins. Pins are created when Pinners, creators and businesses make content for or save existing web content to Co.'s platform. Co. has several types of Pins on its platform, including standard Pins, Video Pins, Product Pins, and Idea Pins. We show 14 historical shares outstanding datapoints in our PINS shares outstanding history coverage, used to compute PINS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PINS market cap history over the course of time is important for investors
interested in comparing PINS'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 PINS versus a peer is one thing; comparing
PINS 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 PINS can fluctuate over the course of history.
With this page we aim to empower investors researching PINS by allowing them to research the PINS market cap history. |
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Video: The Importance of Market Cap
