Tribune Publishing is a holding company. Co., together with its subsidiaries, is a media company. Co. operates local media businesses in markets with titles including the Chicago Tribune, New York Daily News, The Baltimore Sun, Orlando Sentinel, South Florida's Sun Sentinel, Virginia's Daily Press and The Virginian-Pilot, The Morning Call of Lehigh Valley, PA and the Hartford Courant. Co. also operates Tribune Content Agency and is the majority owner of BestReviews LLC. Co.'s segments include: M, which consists of daily newspapers, weekly newspapers and publications and direct mail; and X, which comprises its digital operations and includes its digital revenues and related digital expenses. We show 14 historical shares outstanding datapoints in our TPCO shares outstanding history coverage, used to compute TPCO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TPCO market cap history over the course of time is important for investors
interested in comparing TPCO'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 TPCO versus a peer is one thing; comparing
TPCO 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 TPCO can fluctuate over the course of history.
With this page we aim to empower investors researching TPCO by allowing them to research the TPCO market cap history. |
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Video: The Importance of Market Cap
