RumbleON is a technology-based Omnichannel platform in the powersports industry. Although its primary focus is on disrupting the customer experience in the powersports industry, Co. participates in the automotive industry through its wholly-owned distributors of used automotive inventory, Wholesale, Inc. and Got Speed, Inc. Co.'s logistics services company, Wholesale Express, LLC, provides freight brokerage services facilitating transportation for dealers and consumers. We show 37 historical shares outstanding datapoints in our coverage of RMBL's shares outstanding history.
Understanding the changing numbers of RMBL shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RMBL 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 RMBL by allowing them to research RMBL shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
