QuidelOrtho is engaged in the development, manufacturing and marketing of diagnostic testing solutions. Co.'s diagnostic testing solutions are separated into its four product categories: rapid immunoassay, cardiometabolic immunoassay, molecular diagnostic solutions and specialized diagnostic solutions. Co.'s products are used in physician offices, hospitals, clinical laboratories, reference laboratories, urgent care clinics, universities, retail clinics, pharmacies and wellness screening centers, as well as for individual, non-professional, over the counter use. Co. markets its products through a network of distributors and a direct sales force. We show 57 historical shares outstanding datapoints in our QDEL shares outstanding history coverage, used to compute QDEL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing QDEL market cap history over the course of time is important for investors
interested in comparing QDEL'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 QDEL versus a peer is one thing; comparing
QDEL 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 QDEL can fluctuate over the course of history.
With this page we aim to empower investors researching QDEL by allowing them to research the QDEL market cap history. |
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Video: The Importance of Market Cap
