On December 31, 1997, Verizon Communications (VZ) had a market capitalization of $17.5B, based on 1.57B shares at a price of $11.15.
| DATE | CLOSE | VOLUME | OUTSTANDING | MARKET CAP |
|---|---|---|---|---|
December 31 1997 | $11.15 | 3,501,079 | 1,567,368,400 | $17,473,336,396.88 |
December 30 1997 | $11.15 | 1,563,843 | 1,567,368,400 | $17,473,336,396.88 |
December 29 1997 | $11.04 | 2,575,938 | 1,567,368,400 | $17,305,314,504.40 |
December 26 1997 | $10.86 | 504,157 | 1,567,368,400 | $17,017,232,192.48 |
December 24 1997 | $10.89 | 1,173,105 | 1,567,368,400 | $17,065,193,665.52 |
December 23 1997 | $10.93 | 1,709,509 | 1,567,368,400 | $17,125,223,875.24 |
December 22 1997 | $11.03 | 2,690,914 | 1,567,368,400 | $17,293,245,767.72 |
December 19 1997 | $11.08 | 5,378,269 | 1,567,368,400 | $17,365,344,714.12 |
December 18 1997 | $11.00 | 3,255,339 | 1,567,368,400 | $17,233,215,558.00 |
December 17 1997 | $11.02 | 2,767,638 | 1,567,368,400 | $17,269,265,031.20 |
December 16 1997 | $11.00 | 1,828,265 | 1,567,368,400 | $17,233,215,558.00 |
December 15 1997 | $11.08 | 2,515,893 | 1,567,368,400 | $17,365,344,714.12 |
December 12 1997 | $10.96 | 2,031,973 | 1,567,368,400 | $17,185,254,084.96 |
December 11 1997 | $10.93 | 3,952,975 | 1,567,368,400 | $17,125,223,875.24 |
December 10 1997 | $11.10 | 3,088,324 | 1,567,368,400 | $17,401,237,450.48 |
December 09 1997 | $10.98 | 1,928,340 | 1,567,368,400 | $17,209,234,821.48 |
December 08 1997 | $11.02 | 2,399,583 | 1,567,368,400 | $17,269,265,031.20 |
December 05 1997 | $10.99 | 3,397,668 | 1,567,368,400 | $17,221,303,558.16 |
December 04 1997 | $11.01 | 6,047,440 | 1,567,368,400 | $17,257,196,294.52 |
December 03 1997 | $10.96 | 4,015,911 | 1,567,368,400 | $17,185,254,084.96 |
December 02 1997 | $10.86 | 3,399,002 | 1,567,368,400 | $17,029,300,929.16 |
December 01 1997 | $10.92 | 4,144,230 | 1,567,368,400 | $17,113,311,875.40 |
November 28 1997 | $10.93 | 964,281 | 1,567,368,400 | $17,137,292,611.92 |
November 26 1997 | $10.82 | 3,622,504 | 1,567,368,400 | $16,957,201,982.76 |
November 25 1997 | $10.62 | 3,320,054 | 1,567,368,400 | $16,645,138,934.32 |
