Snap is a technology company. Co.'s product, Snapchat, is a visual messaging application that improves your relationships with friends, family, and the world. Snapchat is Co.'s primary mobile device application and contains five tabs, complemented by additional tools that function outside of the application. Snapchat opens directly to the Camera, to create a Snap and send it to friends. Co. provides a variety of Lenses, created by both Co. and its community, along with tools and licensed music, which enable people to personalize and contextualize their Snaps. Co. also provides voice and scanning technology within its Camera. We show 23 historical shares outstanding datapoints in our SNAP shares outstanding history coverage, used to compute SNAP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SNAP market cap history over the course of time is important for investors
interested in comparing SNAP'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 SNAP versus a peer is one thing; comparing
SNAP 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 SNAP can fluctuate over the course of history.
With this page we aim to empower investors researching SNAP by allowing them to research the SNAP market cap history. |
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Video: The Importance of Market Cap
