Reason for differences in Market Cap number on stock quote sites?
PE
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(Senior Baboon, 199
Points)
on 1/3/13 at 9:03pm
e.g. - On Finviz.com, WAB has a marketcap of $4.33B but has a market cap of $4.26B. Why?





LOL, you serious? If you are,
LOL, you serious? If you are, the main factor would be the time the market cap was calculated. Another reason could be how market cap is calculated (basic VS diluted shares).
The difference between successful people and others is largely a habit - a controlled habit of doing every task better, faster and more efficiently.
Let's assume market cap isn't
Let's assume market cap isn't updated every day on these sites. The inputs for the market cap formula are share price and shares outstanding. One of those values change consistently enough that two sources that calculate the market cap at different times could easily have different results. I'll assume you can figure out which of the two inputs I'm referring to.
It is actually a arb
It is actually a arb opportunity ... tons of hedge funds use this strategy and take full advantage of different numbers on different websites