VNET Group is a data center services provider in China. Co. provides managed hosting services and provides interconnectivity. Co.'s managed retail services provide different levels of services from a single cabinet up to megawatt-scale deployments. Through its data center network, Co. provides hosting and related services, including: Managed Hosting Services, which consist of managed retail services and managed wholesale services; Cloud Services, which allow businesses to run their applications over the internet using its IT infrastructure; and Virtual Private Network Services, which extend customers' private networks by setting up connections through the public internet. We show 5 historical shares outstanding datapoints in our VNET shares outstanding history coverage, used to compute VNET market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing VNET market cap history over the course of time is important for investors
interested in comparing VNET'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 VNET versus a peer is one thing; comparing
VNET 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 VNET can fluctuate over the course of history.
With this page we aim to empower investors researching VNET by allowing them to research the VNET market cap history. |
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Video: The Importance of Market Cap
