I'm trying to understand the concept of
market cap. Could you explain what it means and how it's calculated? I'm particularly interested in its significance in the stock market.
7 answers
GalaxyGlider
Wed Dec 25 2024
To determine the market cap, a straightforward calculation is employed.
Rosalia
Wed Dec 25 2024
Market capitalisation, often shortened to "market cap," serves as a key metric in the financial world.
BitcoinBaroness
Wed Dec 25 2024
The formula involves multiplying the current price of a single share by the total number of shares outstanding.
Caterina
Wed Dec 25 2024
It signifies the total monetary value of a company's issued shares that are publicly traded on the stock market.
CosmicDream
Wed Dec 25 2024
The result offers a snapshot of the company's worth based on the market's perception of its value.