Thorne HealthTech is a wellness company, engaged in solutions and approaches to health and well-being. Co.'s brands, Thorne and Onegevity, provide insights and personalized data, products and services. Co.'s Onegevity is a multi-omics database that uses artificial intelligence and machine learning to provide insights, with its nutritional supplements and insight. Co.'s Thorne products support the health and include health tests, education and nutritional supplement products support the optimization of health. Co. provides a portfolio of health tests, which includes tests focused on sleep, stress, weight management, gut health, heavy metals, biological age and other. We show 5 historical shares outstanding datapoints in our THRN shares outstanding history coverage, used to compute THRN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing THRN market cap history over the course of time is important for investors
interested in comparing THRN'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 THRN versus a peer is one thing; comparing
THRN 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 THRN can fluctuate over the course of history.
With this page we aim to empower investors researching THRN by allowing them to research the THRN market cap history. |
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Video: The Importance of Market Cap
