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Here's where it gets interesting, so listen up, friends! While net worth gives us a comprehensive view of a company's financial health, another crucial metric is **market capitalization**, often called "market cap." Market cap represents the total value of a company's outstanding shares of stock. It's calculated by multiplying the current share price by the total number of shares in circulation. For example, if Apple's stock is trading at $170 per share and there are 17 billion shares outstanding, the market cap would be $2.89 trillion. (170 x 17,000,000,000 = 2,890,000,000,000). Pretty crazy, right?
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