CarLotz is a consignment-to-retail used vehicle marketplace that provides its corporate vehicle sourcing partners and retail sellers of used vehicles with the ability to access the retail sales channel. Co. provides its products and services to corporate vehicle sourcing partners, which includes fleet leasing companies, vehicle rental companies, banks, finance companies, third-party remarketers and wholesalers; retail sellers, which provides selling experience that allows them to track the sale process through its online portal; and retail customers, which buyers can browse its inventory online through its website or at its locations as well as from its financing and insurance products. We show 9 historical shares outstanding datapoints in our coverage of LOTZ's shares outstanding history.
Understanding the changing numbers of LOTZ shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like LOTZ 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 LOTZ by allowing them to research LOTZ shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
