The9 is a holding company. Through its subsidiaries, Co. primarily operates and develops proprietary or licensed online games, primarily mobile games, and TV games. Co. is operating the following online games in China: Legend of Immortals, which is Co.'s proprietary massively multiplayer online role-playing games (MMORPG) game; and The World of Kings, which is a licensed MMORPG game. We show 1 historical shares outstanding datapoints in our coverage of NCTY's shares outstanding history.
Understanding the changing numbers of NCTY shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like NCTY 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 NCTY by allowing them to research NCTY shares outstanding history
as well as any other stock in our coverage universe. |