3 ms·
No, Market Cap is defined as total dollar market value of outstanding shares of a company. Seriously, is this a game where people come out of the wood-work and
by bane 12y ago
No, Market Cap is defined as total dollar market value of outstanding shares of a company.
Seriously, is this a game where people come out of the wood-work and just start saying words that describe metrics measured in dollars and then misapplying them?
- cma 12y agoI said it hinges on it. There are other factors like defensive purchases (WhatsApp), interest rates, etc. that can also affect market cap. I wasn't talking about the definition of market cap.