Companies with a market value between $250 million to $2 billion are considered Mid Cap companies.
Here's a brief overview of the classifications:
- Micro Cap: Typically less than $250 million
- Small Cap: Generally between $250 million to $2 billion
- Mid Cap: Usually between $2 billion to $10 billion
- Large Cap: Generally over $10 billion
So in your range ($250 million to $2 billion), it straddles the line between Small Cap and Mid Cap, but it mostly tends to be classified within the Small Cap realm. However, still, the range does allow for discussion in the context of Mid Cap for companies nearing $2 billion.