Shopify Shares float
What is the Shares float of Shopify?
The Shares float of Shopify Inc. is 1.188B 1109.91%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Miscellaneous sector on LSE compared to Shopify
What does Shopify do?
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company's platform provides merchants to run their business in various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, and access financing. It also sells custom themes and apps, and registration of domain names. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.
Companies with shares float similar to Shopify
- Shopify has Shares float of 1.185B 1042.64%
- Goldbond has Shares float of 1.185B 42.91%
- Silver Grant International Industries has Shares float of 1.186B 51.44%
- China City Infrastructure has Shares float of 1.186B 37.90%
- KWG Property has Shares float of 1.187B 37.30%
- Mitsubishi Estate Co has Shares float of 1.187B 89.27%
- Shopify has Shares float of 1.188B 1109.91%
- Hong Kong Exchanges and Clearing has Shares float of 1.189B 93.78%
- Hong Kong Exchanges & Clearing has Shares float of 1.189B 93.78%
- CGN New Co has Shares float of 1.189B 27.71%
- Kalina Power has Shares float of 1.189B 78.66%
- Oi SA has Shares float of 1.191B 20.00%
- Vobile has Shares float of 1.192B 56.28%