Microsoft reaches a $2 trillion market cap

  • 📰 CNN Philippines
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Microsoft is only the second publicly traded American company, behind Apple, to reach such a valuation.

The tech giant is only the second publicly traded American company, behind Apple, to reach such a valuation. Oil company Saudi Aramco, which went public in 2019, has also previously passed that mark, though its market cap on Tuesday was $1.88 trillion.

The company reached the $2 trillion milestone just over two years after it first passed the $1 trillion market cap mark. Microsoft's stock has gained 64% since March 2020, when pandemic lockdowns began going into effect in the United States.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines