Tempus AI is a technology company that focuses on advancing precision medicine by applying artificial intelligence ("AI') in healthcare. Co. uses AI to assist doctors and institutions in fighting cancer and other diseases. Co's platform includes proprietary software and dedicated data pipelines that create a network of healthcare institutions through approximately 450 unique data connections, many of which supply Co. with complex multimodal data in near real time, across more than 2,000 healthcare institutions that order Co.'s products and services. Co.'s products are organized under three product lines, Genomics, Data, and AI Applications or Algos. We show 6 historical shares outstanding datapoints in our TEM shares outstanding history coverage, used to compute TEM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TEM market cap history over the course of time is important for investors
interested in comparing TEM'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 TEM versus a peer is one thing; comparing
TEM 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 TEM can fluctuate over the course of history.
With this page we aim to empower investors researching TEM by allowing them to research the TEM market cap history. |
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Video: The Importance of Market Cap
