Tenable Holdings, Inc. is a provider of exposure management solutions, which is engaged in managing, measuring, and comparing cybersecurity risk in complex information technology (IT) environments. Co.'s solutions provide visibility into security issues, such as vulnerabilities, misconfigurations, internal and regulatory compliance violations, and other indicators. Its solutions include Tenable Vulnerability Management, Tenable Cloud Security, Tenable Identity Exposure, Tenable Web App Scanning, Tenable Lumin Exposure View, Tenable Attack Surface Management, Tenable Security Center, and Tenable OT Security. We show 31 historical shares outstanding datapoints in our TENB shares outstanding history coverage, used to compute TENB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TENB market cap history over the course of time is important for investors
interested in comparing TENB'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 TENB versus a peer is one thing; comparing
TENB 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 TENB can fluctuate over the course of history.
With this page we aim to empower investors researching TENB by allowing them to research the TENB market cap history. |
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Video: The Importance of Market Cap
