Poshmark is a social marketplace that combines the human connection of physical shopping with eCommerce. Co. curates its marketplace into lifestyle categories, including apparel, accessories, footwear, home, beauty, and pets. Powered by its technology, Co.'s social marketplace is purpose-built to enable transactions. Co. enables people to sell items or to become entrepreneurs by providing them with end-to-end seller tools. Co. does not own or manage inventory as all products are listed, managed, sold, and shipped by its sellers. Co. enables buyers to discover, connect, and curate their network and news feed with that of other users who share similar styles and personal preferences. We show 8 historical shares outstanding datapoints in our POSH shares outstanding history coverage, used to compute POSH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing POSH market cap history over the course of time is important for investors
interested in comparing POSH'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 POSH versus a peer is one thing; comparing
POSH 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 POSH can fluctuate over the course of history.
With this page we aim to empower investors researching POSH by allowing them to research the POSH market cap history. |
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Video: The Importance of Market Cap
