Fortune Rise Acquisition Corporation (FRLA)
NASDAQ: FRLA · IEX Real-Time Price · USD
11.27
+0.03 (0.27%)
At close: Jul 19, 2024, 4:00 PM
11.29
+0.02 (0.18%)
Pre-market: Jul 20, 2024, 9:28 AM EDT
Fortune Rise Acquisition Market Cap
Fortune Rise Acquisition has a market cap or net worth of $70.68 million as of July 22, 2024. Its market cap has decreased by -21.72% in one year.
Market Cap
70.68M
Enterprise Value
72.32M
1-Year Change
-21.72%
Ranking
Category
Stock Price
$11.27
Market Cap Chart
Since the IPO on November 3, 2021, Fortune Rise Acquisition's market cap has decreased from $112.40M to $70.68M, a decrease of -37.11%. That is a compound annual growth rate of -15.73%.
Market Cap History
| Date | Market Cap | % Change |
|---|---|---|
| Jul 19, 2024 | 70.70M | 2.91% |
| Dec 29, 2023 | 68.70M | -48.38% |
| Dec 30, 2022 | 133.10M | 46.91% |
| Dec 31, 2021 | 90.60M | -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
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