Fortune Rise Acquisition Corporation (FRLA)
NASDAQ: FRLA · Real-Time Price · USD
11.35
-0.09 (-0.79%)
Oct 29, 2024, 4:00 PM EDT - Market closed

Fortune Rise Acquisition Market Cap

Fortune Rise Acquisition has a market cap or net worth of $71.19 million as of October 29, 2024. Its market cap has decreased by -3.41% in one year.

Market Cap
71.19M
Enterprise Value
77.59M
1-Year Change
-3.41%
Ranking
Category
Stock Price
$11.35

Market Cap Chart

Since the IPO on November 3, 2021, Fortune Rise Acquisition's market cap has decreased from $112.40M to $71.19M, a decrease of -36.66%. That is a compound annual growth rate of -14.17%.

History

DateMarket Cap% Change
Oct 29, 202471.20M3.64%
Dec 29, 202368.70M-48.38%
Dec 30, 2022133.10M46.91%
Dec 31, 202190.60M-19.39%
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Market Capitalization

Market capitalization, also called net worth, is the total value of all of a company's outstanding shares. It is calculated by multiplying the stock price by the number of shares outstanding.

Formula: Market Cap = Stock Price * Shares Outstanding
Full Definition