Tandem Diabetes Care is a medical device company focused on the design, development and commercialization of technology solutions for people living with diabetes. Co.'s manufacturing, sales and support activities principally focus on its primary pump platform, the t:slim X2 and its complementary product offerings. Co.'s simple-to-use t:slim X2 is based on its proprietary technology platform and is an insulin pump available in the U.S. Co. has commercially provided several automated insulin dosing algorithms on t:slim X2, including its Control-IQ technology, which is a hybrid-closed loop feature, designed to help increase a user's time in their targeted glycemic range. We show 27 historical shares outstanding datapoints in our TNDM shares outstanding history coverage, used to compute TNDM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TNDM market cap history over the course of time is important for investors
interested in comparing TNDM'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 TNDM versus a peer is one thing; comparing
TNDM 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 TNDM can fluctuate over the course of history.
With this page we aim to empower investors researching TNDM by allowing them to research the TNDM market cap history. |
Free TNDM Email Alerts:
Video: The Importance of Market Cap
