Market capitalization of Global Crossing (GLBC.defunct.2011)

All time high intraday market cap: $49.12 Billion USD (February 16, 2000)

Last known market cap: $1.36 Billion USD

On October 3, 2011 Global Crossing had a market cap of $1.36 Billion USD. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Global Crossing from 1998 to 2011

End of year Market Cap

Year	Marketcap	Change
2011	$1.36 B	75.2%
2010	$0.78 B	-8.82%
2009	$0.85 B	90.42%
2008	$0.45 B	-62.55%
2007	$1.20 B	34.29%
2006	$0.89 B	147.5%
2005	$0.36 B	-9.39%
2004	$0.39 B	-41.48%
2003	$0.68 B	4065.16%
2002	$16.37 M	-97.86%
2001	$0.76 B	-94.12%
2000	$12.99 B	-67.31%
1999	$39.73 B	329.49%
1998	$9.25 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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