What is market capitalization

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Reference no: EM131307810

What is the market capitalization (the market value of the common stock = number of shares outstanding x the closing price per share you provided in the question above) of UAL's stock ( comapny name is united airlines) (on the date you gave in October 12 2016 question above)?

Additional instructions for this question:

You MUST show your work if you want to receive any credit for your answer to this question.

You must type out any words like "millions" or "billions".

Go somewhere reliable, like the company's latest balance sheet or annual report, to find thenumber of shares outstanding. Use the closing price per share you provided in the questionClosing price: market data question above and the number of shares outstanding to calculate the market capitalization. Then, compare that with what is quoted as the market capitalization on, for example, the Yahoo! Finance summary page for your company's stock. Your number should be fairly close to their number.

Reference no: EM131307810

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