Scholastic Corporation is a global children's publishing, education and media company. Co. is a provider of literacy curriculum, professional services, and classroom magazines, and a producer of educational and entertaining children's media. It creates and distributes books and e-books, print and technology-based learning programs for pre-K to grade 12, and other products and services that support children's learning and literacy, both in school and at home. Its segments include Children's Book Publishing and Distribution; Education Solutions, and International. We show 58 historical shares outstanding datapoints in our SCHL shares outstanding history coverage, used to compute SCHL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SCHL market cap history over the course of time is important for investors
interested in comparing SCHL'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 SCHL versus a peer is one thing; comparing
SCHL 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 SCHL can fluctuate over the course of history.
With this page we aim to empower investors researching SCHL by allowing them to research the SCHL market cap history. |
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Video: The Importance of Market Cap
