Cryptocurrency Q&A
Is market capitalization in dollars?
Is market capitalization in dollars?
benjamin_doe_philosopher
Thu Oct 31 2024
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5
answers
1380
I'm wondering if market capitalization is typically measured in dollars. I need to know this for a project I'm working on where we're analyzing different companies' market caps.
5 answers
InfinityVoyager
Sat Nov 02 2024
An increase in the stock price or the issuance of new shares can elevate the market cap.
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CryptoKing
Sat Nov 02 2024
Market capitalization serves as an indicator of the dollar value of a company's issued shares.
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DigitalLord
Sat Nov 02 2024
Conversely, a decline in the stock price or the repurchase of shares by the company can reduce the market cap.
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RubyGlider
Sat Nov 02 2024
This figure is derived by multiplying the total number of shares a company has outstanding by the current market price per share.
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Chloe_jackson_athlete
Sat Nov 02 2024
The market capitalization fluctuates in tandem with changes in the stock price or the number of issued shares.
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