Red Hat is a provider of open source software solutions, using an approach to develop and provide operating system, virtualization, management, middleware, cloud and storage technologies. Co. uses the open source software development and licensing model to provide its offerings to customers primarily on a subscription basis. Subscriptions for its offerings are marketed and sold to customers directly and through business partners. Co.'s products and services include: infrastructure-related offerings, such as Red Hat Enterprise Linux technologies, Red Hat Satellite, and Red Hat Virtualization; and application development-related and other technology offerings, such as Red Hat Middleware. We show 37 historical shares outstanding datapoints in our RHT shares outstanding history coverage, used to compute RHT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RHT market cap history over the course of time is important for investors
interested in comparing RHT'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 RHT versus a peer is one thing; comparing
RHT 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 RHT can fluctuate over the course of history.
With this page we aim to empower investors researching RHT by allowing them to research the RHT market cap history. |
Free RHT Email Alerts:
Video: The Importance of Market Cap
