Tribune Publishing is a media company. Co. manages its business as two segments, troncM, which is comprised of Co.'s media groups that include the Chicago Tribune Media Group, the Los Angeles Times Media Group, the San Diego Media Group, the Sun Sentinel Media Group, the Orlando Sentinel Media Group, The Baltimore Sun Media Group, the Hartford Courant Media Group, the Morning Call Media Group and the Daily Press Media Group; and troncX, which includes Tribune Content Agency, a syndication and licensing business, forsalebyowner.com, a national consumer-to-consumer focused real estate website, and Motiv8, a direct response, content solution and performance marketing agency. We show 9 historical shares outstanding datapoints in our TRNC shares outstanding history coverage, used to compute TRNC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TRNC market cap history over the course of time is important for investors
interested in comparing TRNC'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 TRNC versus a peer is one thing; comparing
TRNC 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 TRNC can fluctuate over the course of history.
With this page we aim to empower investors researching TRNC by allowing them to research the TRNC market cap history. |
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Video: The Importance of Market Cap
