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Public float
Portion of shares of a corporation that are in the hands of public investors / From Wikipedia, the free encyclopedia
In the context of stock markets, the public float or free float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in shares held by promoters, company officers, controlling-interest investors, or governments. This number is sometimes seen as a better way of calculating market capitalization, because it provides a more accurate reflection (than entire market capitalization) of what public investors consider the company to be worth.[1] In this context, the float may refer to all the shares outstanding that can be publicly traded.[2]
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