Post #1165 by elann on the US Policy board

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Market Value
The total Market Value of a company or stock. Also called Market Capitalization, Market Value is calculated by multiplying the number of shares outstanding by the latest closing price of the stock. Generally speaking, small cap stocks have market values below $1 billion, while large caps have values in excess of $5 billion. Mid caps fall in between.

Okay. So if small caps have market values below $1 billion, how can micro caps be everything below $2.18 billion?

BTW, the $5 billion threshold for large caps is also way off. The threshold for entry into the S&P500 is now $14.5 billion.

Elan

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