TuSimple Holdings is an autonomous driving technology company. Co. develops technologies that enable the development and deployment of autonomous freight transportation, including its full-stack L4 autonomous driving technology and Autonomous Freight Network (AFN). Co. has developed proprietary technologies and systems for the development and deployment of its autonomous trucking operations within the AFN. Co.'s autonomous driving technology is designed for semi-trucks in the geographies where it operates. Co.'s L4 autonomous driving solutions include its L4-capable Automated Driving System, offboard capabilities, machine-learning, autonomy visualization and simulation capabilities. We show 9 historical shares outstanding datapoints in our TSP shares outstanding history coverage, used to compute TSP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TSP market cap history over the course of time is important for investors
interested in comparing TSP'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 TSP versus a peer is one thing; comparing
TSP 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 TSP can fluctuate over the course of history.
With this page we aim to empower investors researching TSP by allowing them to research the TSP market cap history. |
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Video: The Importance of Market Cap
