Sumo Logic provides a software analytics platform, which it refer to as Continuous Intelligence Platform that enables organizations to address challenges with their cloud applications, including cloud application reliability, cloud application security, and insights into cloud application infrastructure. Co. provides its customers a solution for managing their application reliability through its observability solution for cloud applications. Co.'s security solution helps developers, security analysts, and security operation centers detect threats, perform security analysis and forensics, and automate security responses to remediate against those threats for their cloud applications. We show 12 historical shares outstanding datapoints in our coverage of SUMO's shares outstanding history.
Understanding the changing numbers of SUMO shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SUMO 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 SUMO by allowing them to research SUMO shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
