|Market Cap is an abbreviation for market capitalization
which is a measure of the size of a company.
More specificially, market cap measures the value of the
To determine a company's market cap, just multiply the
share price by the number of shares outstanding.
Exxon Mobil, traded at $77 per share on 8/15/08 with roughly
5.19 billion shares outstanding. Its market cap was $400 billion
(5,190,000,000 x $77). In other words, the company was worth
$400 billion on that date.
|What is Market Cap?