On the surface the market capitalization (share price times outstanding share count) for PALM at its current price of $5.55 is just under $1B.
Sure enough, large-capitalization shares have been the best-performing part of the domestic stock market of late.
Small stocks generally perform better than large-capitalization shares in the first few months of market recoveries.
The chip maker Texas Instruments said yesterday that it had expanded its share buyback program by $5 billion, or about 10percentt of its market capitalization, sending shares up.
People often compare market capitalization (current share price times the number of shares outstanding) for public companies as an indicator of success / failure, and one surpassing the other as a sign that one is overtaking the other, regardless of whether they're actually full-fledged competitors or not.
("Climate change [is] a material risk to capitalization and share value," Mark Kenber, the C.E.O. of the Climate Group, told me).
In an interview, Ms. Smith said that the definition of an emerging growth company should be limited to relatively small companies, with public offerings of about $50 million and total market capitalizations, including shares held by insiders, of about $250 million.
Understand the mechanics behind money flow, market capitalization, and share structure.
The stock is tiny, with a market capitalization of $113 million 84,0000 shares on average trade daily, and the float totals 26 million shares.
