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What does BBY stand for?

Find the latest Best Buy Co., Inc. (BBY) stock quote, history, news and other vital information to help you with your stock trading and investing.

What is a small-cap company?

Companies that have a market capitalization of between $300 million to $2 billion are generally classified as small-cap companies. These small companies could be younger and/or they could serve niche markets and new industries. These companies are considered higher-risk investments due to their age, the markets they serve, and their size.

How is a company's market cap established?

A company's market cap is first established via an initial public offering (IPO). Before an IPO, the company that wishes to go public enlists an investment bank to employ valuation techniques to derive a company's value and to determine how many shares will be offered to the public and at what price.

What is the market capitalization of a mid-cap company?

Mid-cap companies generally have a market capitalization of between $2 billion and $10 billion. Mid-cap companies are established companies that operate in an industry expected to experience rapid growth. Mid-cap companies are in the process of expanding.

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