Backblaze and iDrive continue to operate as private companies, while Carbonite has been a publicly-traded company since 2011. Carbonite is now in the process of being acquired by another publicly-traded company, OpenText ($OTEX), for $1.42 billion.
What is the NERF stock symbol?
Common Stock (HAS)
What is market cap in stock?
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.
What is stock price based off of?
Generally speaking, the prices in the stock market are driven by supply and demand. This makes the stock market similar to other economic markets. When a stock is sold, a buyer and seller exchange money for share ownership. The price for which the stock is purchased becomes the new market price.
What is the stock symbol for Carbonite?
Carbonite trades on the NASDAQ under the ticker symbol "CARB."
Who is Carbonite owned by?
Open Text Corporation
What happened Carbonite?
Carbon-freezing is an industrial process that encases highly pressurized gases inside solidified carbonite. In Cloud City, Darth Vader decided to freeze Luke Skywalker in carbonite for transport to the Emperor. (As Anakin Skywalker, he'd undergone the process himself to evade Separatist life detectors.)
When did OpenText buy Carbonite?
December 2019
How does market cap affect stock price?
The market cap represents the amount you would pay to buy up all of the company's shares, not necessarily its true value. The size of a business's market cap determines the broad category of publicly traded company it falls under—small-cap, mid-cap, or large-cap.