Workiva is a provider of cloud-based solutions for connected data, reporting and compliance. Co.'s platform, Wdesk provides controlled collaboration, data linking, data integrations, granular permissions, process management and a full audit trail. Wdesk enables Co.'s users to collect, aggregate and prepare their unstructured and structured data in a cloud-based environment. Numbers, narrative, charts and graphics can be linked inside Wdesk. Co.'s Wdesk platform enables customers to collect, link, manage, report and analyze business data for a range of use cases across public and private companies, government agencies and higher-education institutions. We show 22 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
