Symbotic Inc. is an automation technology company reimagining the supply chain with its end-to-end, artificial intelligence (AI) powered robotic and software platform. It develops, commercializes, and deploys end-to-end technology solutions that improve supply chain operations. It automates the processing of pallets and cases in large warehouses or distribution centers for some of the retail and wholesale companies in the world. The Symbotic platform is based on an approach to connecting producers of goods to end users in a way that resolves the mismatches of quantity, timing and location that arise between the two, while reducing costs. We show 12 historical shares outstanding datapoints in our SYM shares outstanding history coverage, used to compute SYM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SYM market cap history over the course of time is important for investors
interested in comparing SYM'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 SYM versus a peer is one thing; comparing
SYM 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 SYM can fluctuate over the course of history.
With this page we aim to empower investors researching SYM by allowing them to research the SYM market cap history. |
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Video: The Importance of Market Cap
