The definition of a mid cap varies greatly depending upon who you ask. People may define mid-caps as being companies with a market capitalization between $1.5 billion and $5 billion. Others bump that number up a bit and define them being between $2 billion and $10 billion. In the end, it depends on exactly who you ask. Market capitalization, simply put, is the company’s stock price, multiplied by the number of shares outstanding. It is basically the value the market places on a