Slack Technologies operates a business technology software platform that brings together people, applications, and data and sells its offering under a software-as-a-service model. Co.'s technology platform enables software developers and organizations to integrate existing software with Slack or build new applications that provide new features for Slack users. Co.'s platform consists of a set of open, documented APIs, developer tools, and an App Directory that lists apps that have met its guidelines. Organizations on Slack use Co.'s platform to create internal applications and integrations, ranging from simple notifications to complex internal workflows. We show 9 historical shares outstanding datapoints in our WORK shares outstanding history coverage, used to compute WORK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WORK market cap history over the course of time is important for investors
interested in comparing WORK'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 WORK versus a peer is one thing; comparing
WORK 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 WORK can fluctuate over the course of history.
With this page we aim to empower investors researching WORK by allowing them to research the WORK market cap history. |
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Video: The Importance of Market Cap
