360° Coverage : RLJ Lodging Trust Moves Up In Market Cap Rank, Passing JDS...

2 Updates
RLJ Lodging Trust Moves Up In Market Cap Rank, Passing JDS Uniphase
Photo Credit: Forbes Business

RLJ Lodging Trust Moves Up In Market Cap Rank, Passing JDS Uniphase

Dec 19 2013, 4:11pm CST | by

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component RLJ Lodging Trust (NYSE: RLJ) was identified as having a larger market cap than the smaller end of the S...

Filed under: news

 
 
 

38 weeks ago

RLJ Lodging Trust Moves Up In Market Cap Rank, Passing JDS Uniphase

Dec 19 2013, 4:11pm CST | by

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component RLJ Lodging Trust (NYSE: RLJ) was identified as having a larger market cap than the smaller end of the S&P 500, for example JDS Uniphase Corp (NASD: JDSU), according to The Online Investor. Click here to find out the top S&P 500 components ordered by average analyst rating »

Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company’s stock. Many beginning investors look at one stock trading at $10 and another trading at $20 and mistakenly think the latter company is worth twice as much — that of course is a completely meaningless comparison without knowing how many shares of each company exist. But comparing market capitalization (factoring in those share counts) creates a true “apples-to-apples” comparison of the value of two stocks. In the case of RLJ Lodging Trust (NYSE: RLJ), the market cap is now $2.99B, versus JDS Uniphase Corp (NASD: JDSU) at $2.88B.
Click here to find out The 20 Largest U.S. Companies By Market Capitalization »/>

Below is a three month price history chart comparing the stock performance of RLJ vs. JDSU:


Special Offer: Try OLI Premium and get reports on Splits, Buybacks, and M&A daily


Another reason market capitalization is important is where it places a company in terms of its size tier in relation to peers — much like the way a mid-size sedan is typically compared to other mid-size sedans (and not SUV’s). This can have a direct impact on which indices will include the stock, and which mutual funds and ETFs are willing to own the stock. For instance, a mutual fund that is focused solely on Large Cap stocks may for example only be interested in those companies sized $10 billion or larger. Another illustrative example is the S&P MidCap index which essentially takes the S&P 500 index and “tosses out” the biggest 100 companies so as to focus solely on the 400 smaller “up-and-comers” (which in the right environment can outperform their larger rivals). And ETFs that directly follow an index like the S&P 500 will only own the underlying component of that index, selling companies that lose their status as an S&P 500 company, and buying companies when they are added to the index. So a company’s market cap, especially in relation to other companies, carries great importance, and for this reason we at TheOnlineInvestor.com find value to putting together these looks at comparative market capitalization daily.

At the closing bell, RLJ is off about 0.2%, while JDSU is down about 0.2% on the day Thursday.

Source: Forbes Business

/>/>
 
Update
2

2 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (New ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

2 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies of MH370 and MH17 ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Chip in to enhance links, president tells Indians in Vietnam
Ho Chi Minh City, Sep 16 (IANS) The Indian diaspora in Vietnam can play a "significant role" as a "bridge" in deepening relations between the two countries, President Pranab Mukherjee said Tuesday.
 
 
Ho Chi Minh City's rise as economic hub marvellous: President
Ho Chi Minh City, Sep 16 (IANS) Lauding the perseverance and success of the people of Vietnam, President Pranab Mukherjee Tuesday expressed admiration at how Ho Chi Minh City has transformed into a prosperous regional economic hub.
 
 
Modi government improved economy, India's global image: President
Ho Chi Minh City, Sep 16 (IANS) In a departure from custom, President Pranab Mukherjee Tuesday largely abandoned his prepared speech to the Indian community in Vietnam and instead extolled the Narendra Modi government for its steps to improve the economy and burnish India's global image.
 
 
China, Sri Lanka ink $1.63 bn currency swap deal
Beijing, Sep 16 (IANS) China's central bank announced late Tuesday that it has signed a 10 billion yuan (about $1.63 billion) currency swap deal with the Central Bank of Sri Lanka.
 
 
 

Latest from the Network

In Ho Chi Minh City, president extols transformation, praises Modi (Roundup)
Ho Chi Minh City, Sep 16 (IANS) Visiting Vietnam's business capital on the penultimate day of his state visit, President Pranab Mukherjee Tuesday extolled the city's transformation to a regional economic hub after a...
Read more on Politics Balla
 
Ukraine grants self rule, amnesty to rebels
Kiev, Sep 16 (IANS) Ukrainian parliamentarians Tuesday granted self-rule to parts of two eastern regions -- Donetsk and Luhansk, and an amnesty to pro-Russian rebels, BBC reported. The law, affecting the two regions,...
Read more on Politics Balla
 
Daniel Radcliffe, Ben Kingsley and Brie Larson join 'Brooklyn Bridge' cast
Ben Kingsley and Brie Larson have joined the cast of 'Brooklyn Bridge'. Douglas McGrath has written and will direct the historical drama which has been inspired by true events during the construction of the Brooklyn...
Read more on Movie Balla
 
New Jack Reacher film promises to be 'three-hander in terms of audience appeal'
Chris McQuarrie will not be directing the next Jack Reacher film, according to Lee Child. The 59-year-old author has revealed the director of the first movie, which starred Tom Cruise as the protagonist, will not have...
Read more on Movie Balla
 
Eva Mendes gives birth to baby girl
Eva Mendes has reportedly given birth to a baby girl. The 40-year-old actress and her boyfriend Ryan Gosling, 33, welcomed their daughter into the world in Los Angeles last Friday (09.12.14), according to UsMagazine.com...
Read more on Celebrity Balla
 
A8 SoC Reportedly Including Hexa-Core PowerVR GPU
The users of the iPhone 6 are enabled to enjoy playing game with a high resolution, as a new report claims that the SoC of the A8 processor contains the new PowerVR graphics processing unit.According to Apple Insider,...
Read more on Apple Balla
 
The Application of the NFC being Limited to Only Apple Pay
Apple once again restricts the use of a key component of its smartphone, as the NFC is said to be only applied in the services of Apple Pay.According to CNET, the matter has been confirmed by a spokesperson from Apple....
Read more on Apple Balla
 
will.i.am designs Lexus NX car
will.i.am has designed a car. The Black Eyed Peas frontman has mixed music with motors for his latest project by teaming up with Lexus Europe to design the Lexus NX, and he has now appeared in their advert for the...
Read more on Celebrity Balla
 
Demi Lovato's whiffy fan encounter
Demi Lovato was farted on by a fan at a meet and greet. The 'Skyscraper' singer was left recoiling in horror when one of her supporters was so overwhelmed at the thought of meeting her, they let out some ''rotten'' wind...
Read more on Celebrity Balla
 
Big Sean has great chemistry with Ariana Grande
Big Sean and Ariana Grande have ''great chemistry''. The rapper has been dating the 'Problem' singer for two months but has been a big fan of her musical talents for some time. He said: ''Me and her make a lot of music...
Read more on Celebrity Balla