Sleep Number is a designer, manufacturer, marketer, retailer and servicer of Sleep Number beds. Co. provides its customers individualized sleep solutions and services. Sleep Number also provides FlextFit adjustable bases, and Sleep Number pillows, sheets and other bedding products. The 360 smart bed's proprietary sense and do technology digitally responds to each sleeper's movements and automatically adjusts to relieve pressure points, adjusting firmness, comfort and support throughout the night, keeping both sleepers comfortable at their individual Sleep Number® settings. SleepIQ technology, the bed's operating system, is embedded into every Sleep Number 360 smart bed. We show 52 historical shares outstanding datapoints in our SNBR shares outstanding history coverage, used to compute SNBR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SNBR market cap history over the course of time is important for investors
interested in comparing SNBR'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 SNBR versus a peer is one thing; comparing
SNBR 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 SNBR can fluctuate over the course of history.
With this page we aim to empower investors researching SNBR by allowing them to research the SNBR market cap history. |
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Video: The Importance of Market Cap
