Saturday, November 06, 2021 2:15:07 PM
What Is Market Capitalization?
Market capitalization refers to the total dollar market value of a company's outstanding shares of stock. Commonly referred to as "market cap," it is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
As an example, a company with 10 million shares selling for $100 each would have a market cap of $1 billion. The investment community uses this figure to determine a company's size, as opposed to using sales or total asset figures. In an acquisition, the market cap is used to determine whether a takeover candidate represents a good value or not to the acquirer.
https://www.investopedia.com/terms/m/marketcapitalization.asp
Although, a good short term squeeze or longer term pps might get it to your expectations, it's all relative to each individuals way of looking at it.
“The markets can remain irrational longer than you can remain solvent.”
John Maynard Keynes
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