SanDisk designs, develops and manufactures data storage applications in a range of form factors using flash memory, controller, firmware and software technologies. Co.'s solutions include a range of solid state drives, embedded products, removable cards, universal serial bus, drives, wireless media drives, digital media players, and wafers and components. Co. provides software solutions that can be used in conjunction with flash storage products to optimize performance in computing and data center environments. Co. also generate license and royalty revenue related to its intellectual property. The majority of Co.'s products use firmware that is developed in-house. We show 2 historical shares outstanding datapoints in our SNDK shares outstanding history coverage, used to compute SNDK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SNDK market cap history over the course of time is important for investors
interested in comparing SNDK'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 SNDK versus a peer is one thing; comparing
SNDK 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 SNDK can fluctuate over the course of history.
With this page we aim to empower investors researching SNDK by allowing them to research the SNDK market cap history. |
Free SNDK Email Alerts:
Video: The Importance of Market Cap
