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Incorrect Market Cap - MMLP

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New 'Hoo

Incorrect Market Cap - MMLP

Dear Sir/Madam

 

Yahoo Finance is showing an incorrect market cap. Martin Midstream Partners has 38,446,612 shares outstanding. With a closing price of $15.10 as of 11/08/2017 as per your page (https://finance.yahoo.com/quote/mmlp?p=mmlp), the market cap should be $580.54 million, not $219.54 as your page suggests.

 

Thank you in advance for the correction.

 

Best Regards

1 ACCEPTED SOLUTION

Accepted Solutions
Administratin' 'Hoo

Re: Incorrect Market Cap - MMLP

@christee_1112 - This issue has now been corrected by our data provider.  Thank you.

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3 REPLIES
Administratin' 'Hoo

Re: Incorrect Market Cap - MMLP

@christee_1112 - I have submitted this data error to our engineering team for correction.  Thank you for bringing this to our attention.

If you see any helpful posts, give a Kudo! If you see a response that answers your question, please mark Accept as Solution!
Finance All-star

Re: Incorrect Market Cap - MMLP

The most recent 10-Q for MMLP on sec.gov does show 38,446,612 shares outstanding. All other finance sites have already updated except for YF.

 

Best I can tell MMLP has had shares out of at least 35 million since 2015.

 

Screenshot 2017-11-14 at 3.17.31 PM.pngGoogle Finance

Administratin' 'Hoo

Re: Incorrect Market Cap - MMLP

@christee_1112 - This issue has now been corrected by our data provider.  Thank you.

If you see any helpful posts, give a Kudo! If you see a response that answers your question, please mark Accept as Solution!