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mid-cap
[ mid-kap ]
adjective
- designating a company, or a mutual fund that invests in companies, with a market capitalization of between $1 billion and $5 billion.
Example Sentences
Bryant Riley assembled his L.A. financial service company over 20 years, serving small- to mid-cap companies.
But the scandal has threatened Riley’s 27-year-old firm, which advises on mergers and acquisitions, handles stock offerings and provides investment research and other services for its mostly small- and mid-cap client companies.
It’s also bigger than half the members of the S&P 500, even though it belongs to a measure of mid-cap stocks.
In 2022 it launched a $500 million fund with the Hong Kong-based private investment office of the Fung family, focusing on mid-cap companies across the southern Chinese province of Guangdong as well as Hong Kong and Macau.
Fidelity’s ETF conversions include funds focused on large-cap growth, value and core portfolios, as well as mid-cap small-cap, and international stocks.
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