Plug Power is a provider of hydrogen fuel cell technology. Co. is focused on proton exchange membrane, fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen and green hydrogen generation, storage and dispensing infrastructure. Co. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, the stationary power market, and more. Additionally, Co. manufactures and sells fuel cell products to replace batteries and diesel generators in stationary backup power applications. We show 56 historical shares outstanding datapoints in our PLUG shares outstanding history coverage, used to compute PLUG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PLUG market cap history over the course of time is important for investors
interested in comparing PLUG'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 PLUG versus a peer is one thing; comparing
PLUG 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 PLUG can fluctuate over the course of history.
With this page we aim to empower investors researching PLUG by allowing them to research the PLUG market cap history. |
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Video: The Importance of Market Cap
