Workiva provides connected reporting and compliance platform, which is used by public and private companies, government agencies and higher-education institutions. Co.'s platform provides controlled collaboration, data linking, data integrations, granular permissions, process management and a full audit trail. Wdata, the component of Co.'s platform that includes data integration and preparation, enables Co.'s customers to connect data from Enterprise Resource Planning, Governance Risk and Compliance and Customer Relationship Management platforms as well as other third-party cloud and on-premise systems. We show 26 historical shares outstanding datapoints in our WK shares outstanding history coverage, used to compute WK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WK market cap history over the course of time is important for investors
interested in comparing WK'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 WK versus a peer is one thing; comparing
WK 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 WK can fluctuate over the course of history.
With this page we aim to empower investors researching WK by allowing them to research the WK market cap history. |
Video: The Importance of Market Cap
