Western Digital is a developer, manufacturer, and provider of data storage devices and solutions. Co.'s portfolio are: Cloud, which provides an array of enterprise hard disk drives (HDD) and enterprise solid state drives (SSD), and platforms; Client, which provides an array of flash and hard drive solutions across personal computer, mobile, gaming consoles, automotive, virtual reality headsets, at-home entertainment, and industrial spaces; and Consumer, which provides a portfolio of HDD and SSD embedded into external storage products and removable Flash, which include cards, universal serial bus flash drives and wireless drives, through its retail and channel routes to market. We show 57 historical shares outstanding datapoints in our WDC shares outstanding history coverage, used to compute WDC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WDC market cap history over the course of time is important for investors
interested in comparing WDC'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 WDC versus a peer is one thing; comparing
WDC 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 WDC can fluctuate over the course of history.
With this page we aim to empower investors researching WDC by allowing them to research the WDC market cap history. |
Free WDC Email Alerts:
Video: The Importance of Market Cap
