Meiwu Technology is a holding company. Through its subsidiaries, Co. is an online and mobile commerce company and conducts its business through its online retail store on its Website. Co. sells a myriad of food products on its Website. Co. is providing its customers with non-genetically modified food products through its portfolio of suppliers. The food products/commodities sold on its Website are categorized into green food, organic food, intangible cultural heritage food products, agricultural products bearing geographical indications and pollution-free products (genetically modified products excepted). We show 2 historical shares outstanding datapoints in our WNW shares outstanding history coverage, used to compute WNW market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WNW market cap history over the course of time is important for investors
interested in comparing WNW'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 WNW versus a peer is one thing; comparing
WNW 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 WNW can fluctuate over the course of history.
With this page we aim to empower investors researching WNW by allowing them to research the WNW market cap history. |
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Video: The Importance of Market Cap
