SI-BONE is a medical device company. Co. has a proprietary minimally invasive surgical implant system, which it calls iFuse, to address sacroiliac joint dysfunction and degeneration, adult deformity, pelvic ring traumatic fractures. Co.'s iFuse Implant System includes a series of patented triangular implants and the instruments Co. has developed to enable surgeons to perform the procedures using different surgical approaches for different indications. Co. has introduced iFuse-3D, its other implant. This patented titanium implant combines the triangular cross-section of the iFuse Classic implant with the proprietary 3D-printed porous surface and a fenestrated design. We show 22 historical shares outstanding datapoints in our SIBN shares outstanding history coverage, used to compute SIBN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SIBN market cap history over the course of time is important for investors
interested in comparing SIBN'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 SIBN versus a peer is one thing; comparing
SIBN 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 SIBN can fluctuate over the course of history.
With this page we aim to empower investors researching SIBN by allowing them to research the SIBN market cap history. |
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Video: The Importance of Market Cap
