Apple’s stock surges again; company again the most valuable company

“Shares of Apple Inc ran up 1.8% in morning trade, enough to pace the Dow Jones Industrial Average’s DJIA, +0.59% gainers, and to propel the technology giant back to Number One on the list of largest U.S. companies by market capitalization,” Tomi Kilgore reports for MarketWatch.

“The shares have now soared 12.7% amid a 5-session win streak that started after Apple reported fiscal first-quarter results after the Jan. 29 close,” Kilgore reports. “The stock is also now up 22.6% since it closed at a 20-month low opf $142.19 on Jan. 3.”

Kilgore reports, “Apple’s stock rally raises its market cap to $821.7 billion, above second-place Microsoft Corp. at $817.4 billion, and ahead of third-place Amazon.com Inc. at $815.1 billion.”

Read more in the full article here.

MacDailyNews Take: The rightful leader has reassumed the throne!

Congrats to those who picked up Apple shares in the $140’s!

SEE ALSO:
Apple again the world’s most valuable company – February 4, 2019

8 Comments

        1. A monopoly on decent operating systems. A monopoly on privacy. A monopoly on the highest stock market valuations. A monopoly on common sense. A monopoly on all the things that matter. ZeroRandy is afraid of those things, very afraid

    1. What a nice sunny day!
      zeroloser: It’s too hot

      What a nice day for the beach!
      zeroloser: It’s gritty.

      What a nice spring day!
      zeroloser: It’s too cold.

      Hmmm. Nice coffee!
      zeroloser: It costs too much.

      What a miserable git you are.

  1. Nope! Apple faded again near the end and MSFT maintains the King of the Mountain crown by about $1B. Almighty Microsoft pwned Apple once again. The cloud triumphs as Wall Street believes it would. Maybe tomorrow will bring Apple shareholders a little better luck.

    /s

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.