RE: Consolidation on those 18,982,760,42828 Feb 2023 18:23
Splatted
Market cap—or market capitalization—refers to the total value of all a company's shares of stock. It is calculated by multiplying the price of a stock by its total number of outstanding shares. For example, a company with 20 million shares selling at $50 a share would have a market cap of $1 billion.
The number of shares is used to calculate the mcap, so hardly irrelevant. Pretty basic stuff!