Mid-cap

A mid-cap stock is a company with a market capitalization (total value of all its shares) between roughly $2 billion and $10 billion. Market cap is calculated by multiplying the stock price by the number of shares outstanding. You'll encounter mid-caps when screening for stocks that sit between small, scrappy companies and massive blue-chip giants. They matter because mid-caps often offer a sweet spot: more stability than small-caps but more growth potential than mega-cap companies. For example, a regional retailer or a specialized tech firm might be mid-cap, whereas Apple or Walmart are large-cap. Mid-caps are popular with investors seeking balanced risk and opportunity.