RXO is a broker of full truckload freight transportation. In addition to its primary truck brokerage business, Co. also provides asset-light services for managed transportation, last mile for heavy goods and freight forwarding. Co.'s managed transportation service provides asset-light solutions for shippers who outsource their freight transportation. Co.'s last mile offering is an asset-light service that facilitates the delivery of heavy goods to consumers, performed by third-party contractors. Co.'s freight forwarding service is an asset-light offering managed with technology that facilitates ocean, road and air transportation and assists with customs brokerage. We show 6 historical shares outstanding datapoints in our RXO shares outstanding history coverage, used to compute RXO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RXO market cap history over the course of time is important for investors
interested in comparing RXO'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 RXO versus a peer is one thing; comparing
RXO 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 RXO can fluctuate over the course of history.
With this page we aim to empower investors researching RXO by allowing them to research the RXO market cap history. |
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Video: The Importance of Market Cap
