Symbotic is a holding company. Through its subsidiary, Co. is an automation technology company which is engaged in the design and installation of modular inventory management systems (Systems). Co. designs, assembles, and installs modular hardware systems and performs configuration of embedded software. Systems include the delivery of hardware and an embedded software component that automate Co.'s customers' depalletizing, storage, selection, and palletization warehousing processes. Co.'s software maintenance and support provide its customers with technical support, updates, and upgrades to the embedded software license. We show 6 historical shares outstanding datapoints in our coverage of SYM's shares outstanding history.
Understanding the changing numbers of SYM shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SYM 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 SYM by allowing them to research SYM shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
