Tribune Media is a holding company. Through its subsidiaries, Co. is engaged in the media and entertainment business. Co.'s Television and Entertainment segment provides audiences with news, entertainment and sports programming on Tribune Broadcasting local television stations and television series and movies on WGN America as well as news, entertainment and sports information via its websites and other digital assets. Television and Entertainment includes local television stations and related websites; WGN America, a national general entertainment cable network; Antenna TV and THIS TV, national multicast networks; and WGN-AM, a radio station in Chicago. We show 19 historical shares outstanding datapoints in our TRCO shares outstanding history coverage, used to compute TRCO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TRCO market cap history over the course of time is important for investors
interested in comparing TRCO'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 TRCO versus a peer is one thing; comparing
TRCO 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 TRCO can fluctuate over the course of history.
With this page we aim to empower investors researching TRCO by allowing them to research the TRCO market cap history. |
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Video: The Importance of Market Cap
