Rite Aid provides an array of whole being health products and services. Co. reports its business in two segments: its Retail Pharmacy Segment, which consists of Rite Aid, Bartell Drug Company and Health Dialog Services Corporation, and its Pharmacy Services Segment, which consists of Elixir, its pharmacy benefit management (PBM). For the Retail Pharmacy segment, Co.'s pharmacists dispense medications pursuant to prescriptions written by medical providers and educate its customers on alternative remedies that can supplement conventional options. Co. provides a range of healthcare services. For the Pharmacy Services segment, Elixir, Co.'s PBM, provides a suite of PBM offerings. We show 51 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. |
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Video: The Importance of Market Cap
