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re: Question regarding Market Cap
Posted on 1/22/14 at 4:38 pm to OnTheBrink
Posted on 1/22/14 at 4:38 pm to OnTheBrink
One thing to consider when looking at shares outstanding is how many times has it split. Some companies like their share price to stay under a certain amount. When the share price approaches that amount, they will split the stock. If you held 1 share of MSFT on 9/20/87 and did not do anything to it, you would now have 288 shares after all of the splits they have had.
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