72949011
commented on a stock · Jul 12, 2023 07:45
Weird Mkt Cap
$Mullen Automotive (MULN.US)$I remember Mkt cap is around 30M when the price is around 0.1. Now, the price is 0.18, but why Mkt cap was increased to 117M. This is weird.
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72949011
OP
:
If split or merge, Total shares will increase or decrease, and then price will decrease or increase correspondingly. This way, Mkt cap does not change
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
72949011 OP : It looks the price does not change too much but the Mkt cap increased huge
FANCY PANTS : DO YOU UNDERSTAND HOW MARKET CAP IS CALCULATED?
72949011 OP FANCY PANTS : That’s easy. Price multiply Total shares. Now, total shares increased huge, but price did not change too much
72949011 OP : If split or merge, Total shares will increase or decrease, and then price will decrease or increase correspondingly. This way, Mkt cap does not change
M1ke1229 : heavy illegal shorting, period.