Apple's shares moved above the level needed for a $3 trillion market cap in morning trading. The tech giant's stock traded at $192.59, up about 1.6%, shortly after the opening bell. It crossed the $3 trillion level at $190.734.
No U.S. company has finished a trading session with a market cap of $3 trillion or higher. The recent jump in Apple shares makes the company worth more than five of the S&P 500's 11 sectors, according to Dow Jones Market Data.
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:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple Is Now Worth More Than $3 Trillion, First Company to Hit Market Cap MilestoneApple, already the most valuable company on the planet, on Friday saw its market capitalization climb past $3 trillion as the tech colossus reached a historic milestone. The iPhone maker’s sh…
Source: Variety - 🏆 108. / 63 Read more »
Apple stock hits record, on cusp of $3 trillion market valueApple's stock climbed to a record high close on Wednesday and was on the cusp of a $3 trillion market capitalization.
Source: Reuters - 🏆 2. / 97 Read more »
The stock market can rally further, but here's why it's too early to celebrate the bear's demiseApple's rise to a $3 trillion market cap and beyond can lift the market in the short term, but BCA Research fears it faces big economic and valuation headwinds
Source: MarketWatch - 🏆 3. / 97 Read more »
Apple stock hits $3 trillion market value as new gadget releases loomTo maintain a $3 trillion valuation on Friday, Apple’s stock needs to close above $190.74 per share.
Source: nypost - 🏆 91. / 67 Read more »