| Rite Aid is a pharmacy retail healthcare company. Co.'s Retail Pharmacy segment sells brand and generic prescription drugs, as well as an assortment of front-end products including health and beauty aids, personal care products, seasonal merchandise, and a private brand product line. Co.'s Pharmacy Services segment provides pharmacy benefit management (PBM) options through its EnvisionRxOptions and MedTrak PBMs, respectively. EnvisionRxOptions also provides mail-order and specialty pharmacy services through EnvisionPharmacies; a claims adjudication software platform in Laker Software; and a national Medicare Part D prescription drug plan through its EnvisionRx Plus product offering. We show 41 historical shares outstanding datapoints in our RAD shares outstanding history coverage, used to compute RAD market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RAD market cap history over the course of time is important for investors
interested in comparing RAD'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 RAD versus a peer is one thing; comparing
RAD 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 RAD can fluctuate over the course of history.
With this page we aim to empower investors researching RAD by allowing them to research the RAD market cap history.