Atlassian Corporation designs, develops, licenses, and maintains software and provisions software hosting services. Co.'s products include Jira Software and Jira Work Management, Confluence for content creation and sharing, and Jira Service Management for team service, management, and support applications. The Jira Software and Jira Work Management provides a project management system that connects technical and business teams. Confluence provides a connected workspace that organizes knowledge across all teams to move work forward. We show 19 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
