Spotify Technology SA a Luxembourg-based company, which offers digital music-streaming services. Co. enables users to discover new releases, which includes the latest singles and albums; playlists, which includes ready-made playlists put together by music fans and experts, and over millions of songs so that users can play their favorites, discover new tracks and build a personalized collection. Its users can either select Spotify Free, which includes only shuffle play or Spotify Premium, which encompasses a range of features, such as shuffle play, advertisement free, unlimited skips, listen offline, play any track and audio. We show 4 historical shares outstanding datapoints in our SPOT shares outstanding history coverage, used to compute SPOT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SPOT market cap history over the course of time is important for investors
interested in comparing SPOT'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 SPOT versus a peer is one thing; comparing
SPOT 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 SPOT can fluctuate over the course of history.
With this page we aim to empower investors researching SPOT by allowing them to research the SPOT market cap history. |
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Video: The Importance of Market Cap
