Pinnacle Entertainment is an owner, operator and developer of casinos and related hospitality and entertainment businesses. Co. owns and operates 16 gaming, hospitality and entertainment businesses in Ohio, Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, and Pennsylvania. Co. also holds a majority interest in the racing license owner, and Co. is a party to a management contract, for Retama Park Racetrack located outside of San Antonio, TX. Additionally, Co. owns and operates a live and televised poker tournament series under the trade name Heartland Poker Tour. We show 2 historical shares outstanding datapoints in our coverage of PNK's shares outstanding history.
Understanding the changing numbers of PNK shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PNK 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 PNK by allowing them to research PNK shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
