Shares outstanding
Definition · Level 0 · Market basics
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All of a company's issued equity currently held by investors, insiders included, excluding treasury stock it has bought back; multiply by the price to get market cap.
Example
2.4 billion of them at $50 → a $120B market cap.
Where Tradecraft teaches it
Level 0 · Market basics, in the lesson “Shares, dividends & splits”: Share counts, market cap tiers, the dividend calendar, splits and buybacks.
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