Menu
Elaine Allan
  • About
Elaine Allan

What is a Market Cap?

Posted on January 8, 2022January 8, 2022

Market Cap

Commonly referred to as “market caps” market capitalization is a term used to refer to the total value of a company’s shares of stock.  A company’s “market cap” is achieved by multiplying the price of a stock by the number of its outstanding shares.  Hence, if a company had 20 million shares that were selling at $50 a share the company would have a “market cap” of $1 billion.

Apple Inc

This past week Apple became the first company in the history of the world to reach a $3 trillion market cap.  Since 2018 Apple’s value has tripled.  This new valuation means that Apple now accounts for 7% of the S&P 500 index. 


Putting Apple’s Value into Context

Today, Apple is worth nearly as much as all the 2,000 companies on the small-cap Russell 2000, which has a combined worth of $3.5 trillion.  The Russell 2000 index is a stock market index that measures the performance of the 2,000 smaller publicly-traded companies and is regarded as a leading indicator of future trends for the US economy.

Elaine Allan, BA, MBA

Technology & Business Blogger

Vancouver, BC, Canada

Share on Social Media
twitter facebook pinterest linkedin tumblr reddit emailwhatsapp

Related

Sign Up for Newsletter




/

( mm / dd )


Recent Posts

  • Thank you!

    Thank you!

    October 24, 2022
  • Danielle Smith's Proposed Alberta Sovereignty Act

    Danielle Smith's Proposed Alberta Sovereignty Act

    October 23, 2022
  • A Champion for Vulnerable Women on the Downtown Eastside by John N. Ahern

    A Champion for Vulnerable Women on the Downtown Eastside by John N. Ahern

    October 23, 2022
  • Hon. KerryLynne D. Findlay, KC, PC (Endorsement)

    Hon. KerryLynne D. Findlay, KC, PC (Endorsement)

    October 12, 2022
  • Doxxed by City Hall

    Doxxed by City Hall

    September 17, 2022

Tags

Daryl F. Zanuck Google head of 20th Century Fox in 1946 Internet Social Media The importance of buyers
Follow us on Social Media
twitter

Contact Me

I want to hear from you.

Elaine@ElaineAllan.com

 

Privacy Policy

Meta

  • Register
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
© 2022 - Elaine Allan Technology & Business Blog