Insulet is primarily engaged in the development, manufacture and sale of its proprietary Omnipod® System, a continuous insulin delivery system for people with insulin-dependent diabetes. The Omnipod System includes: the Omnipod Insulin Management System, the Omnipod DASH® Insulin Management System (Omnipod DASH), its digital mobile Omnipod platform and the Omnipod® 5 Automated Insulin Delivery System. The Omnipod System features two devices: the Omnipod device; and the Personal Diabetes Manager. Omnipod DASH features a Bluetooth enabled Pod and PDM with a color touch screen user interface supported by smartphone connectivity and nightly automatic data uploads. We show 57 historical shares outstanding datapoints in our PODD shares outstanding history coverage, used to compute PODD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PODD market cap history over the course of time is important for investors
interested in comparing PODD'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 PODD versus a peer is one thing; comparing
PODD 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 PODD can fluctuate over the course of history.
With this page we aim to empower investors researching PODD by allowing them to research the PODD market cap history. |
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Video: The Importance of Market Cap
