Shopify Inc. (Shopify) is a Canada-based global commerce company. Co. provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. We show 11 historical shares outstanding datapoints in our SHOP shares outstanding history coverage, used to compute SHOP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SHOP market cap history over the course of time is important for investors
interested in comparing SHOP'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 SHOP versus a peer is one thing; comparing
SHOP 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 SHOP can fluctuate over the course of history.
With this page we aim to empower investors researching SHOP by allowing them to research the SHOP market cap history. |
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Video: The Importance of Market Cap
