Wix.com is a global cloud-based web development platform for registered users and creators worldwide. Co. provides its solutions through a Software-as-a-Service business model. Co.'s platform consists of the following web creation products: Wix ADI, intended for website creation, the Wix Editor, intended for website creation targeted at users with basic, average or above average technological skills, and Editor X, intended for users such as design personnel. Co.'s platform also includes a development environment called Velo by Wix, through which users can combine the products and solutions its platform provides with developer capabilities to create websites and web applications. We show 10 historical shares outstanding datapoints in our WIX shares outstanding history coverage, used to compute WIX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WIX market cap history over the course of time is important for investors
interested in comparing WIX'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 WIX versus a peer is one thing; comparing
WIX 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 WIX can fluctuate over the course of history.
With this page we aim to empower investors researching WIX by allowing them to research the WIX market cap history. |
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Video: The Importance of Market Cap
