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

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

Last known market cap: HK$10.68 Billion

On October 3, 2011 Global Crossing had a market cap of HK$10.68 Billion. 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	HK$10.63 B	74.85%
2010	HK$6.08 B	-8.48%
2009	HK$6.64 B	91.06%
2008	HK$3.47 B	-62.88%
2007	HK$9.37 B	34.63%
2006	HK$6.96 B	148.27%
2005	HK$2.80 B	-9.59%
2004	HK$3.10 B	-41.33%
2003	HK$5.28 B	4039.9%
2002	HK$0.12 B	-97.86%
2001	HK$5.95 B	-94.12%
2000	HK$101.32 B	-67.18%
1999	HK$308.72 B	330.66%
1998	HK$71.68 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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