Atlassian designs, develops, licenses, and maintains software and provisions software hosting services to help teams organize, discuss, and complete their work. Co.'s products include: Jira Software and Jira Work Management for planning and project management; Confluence for content creation and sharing; Jira Service Management for team service, management, and support applications; Trello for capturing and adding structure to work for teams; Jira Align for enterprise agile planning; Bitbucket for code sharing and management; Atlassian Access for enterprise-grade security and centralized administration; and Jira Product Discovery for prioritization and product roadmapping. We show 11 historical shares outstanding datapoints in our TEAM shares outstanding history coverage, used to compute TEAM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TEAM market cap history over the course of time is important for investors
interested in comparing TEAM'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 TEAM versus a peer is one thing; comparing
TEAM 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 TEAM can fluctuate over the course of history.
With this page we aim to empower investors researching TEAM by allowing them to research the TEAM market cap history. |
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Video: The Importance of Market Cap
