Elevate Credit, and the banks it supports, provides financial solutions for Americans. Co.'s platform enables online lending brands that utilize Artificial Intelligence underwriting. Co. has two main business activities: as a state-licensed lender itself; and as a service provider to Federal Deposit Insurance Corporation (FDIC)-regulated banks. Co. has three primary lending product constructs, each with one brand. The three product constructs and brands are: Installment Loans, which operates as both a state-licensed lender and is licensed to FDIC-regulated banks; Lines of Credit, which is licensed by an FDIC-regulated bank; and Credit Cards, which provides various credit card features. We show 24 historical shares outstanding datapoints in our coverage of ELVT's shares outstanding history.
Understanding the changing numbers of ELVT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ELVT versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching ELVT by allowing them to research ELVT shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
