Virgin Orbit Holdings is focused on the development, manufacture and related technologies of rockets for the purpose of conducting mission launch operations to place payloads into orbit. Co.'s portfolio is organized across three offerings: Commercial and Civil, which provides rideshare launch services for commercial and civil customers, both from the U.S. and internationally; National Security and Defense, which provides national security launch and mission services to the U.S. and its allied government customers; and Space Solutions, which provides end-to-end services for Internet of Things and Earth Observation applications through the combination of agreements with satellite operators. We show 4 historical shares outstanding datapoints in our VORB shares outstanding history coverage, used to compute VORB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing VORB market cap history over the course of time is important for investors
interested in comparing VORB'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 VORB versus a peer is one thing; comparing
VORB 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 VORB can fluctuate over the course of history.
With this page we aim to empower investors researching VORB by allowing them to research the VORB market cap history. |
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Video: The Importance of Market Cap
