Switch is a holding company. Through its subsidiaries, Co. is a technology infrastructure company. Co. provides colocation space and related services to global enterprises, financial companies, government agencies, and others that conduct business on the internet. Co. develops and operates data centers in Nevada, which are Tier IV Gold certified, Michigan, and Georgia, delivering redundant services with low latency and high capacity transport environments. We show 20 historical shares outstanding datapoints in our SWCH shares outstanding history coverage, used to compute SWCH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SWCH market cap history over the course of time is important for investors
interested in comparing SWCH'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 SWCH versus a peer is one thing; comparing
SWCH 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 SWCH can fluctuate over the course of history.
With this page we aim to empower investors researching SWCH by allowing them to research the SWCH market cap history. |
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Video: The Importance of Market Cap
