Amazon's stock surge propels company past Apple to No. 2 on list of most valuable U.S. companies

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Amazon bucks Monday trend by rising enough to leapfrog Apple in market-cap ranks

Shares of Amazon.com Inc. AMZN, +0.68% sruged 2.0% in morning trade Monday, enough to propel the e-commerce giant back above Apple Inc. AAPL, -0.25% into second place on the list of the largest U.S. companies by market capitalization. Amazon's market cap was at $837.4 billion, above Apple's $834.3 billion, but still below first-place Microsoft Corp.'s MSFT, -1.38% $864.1 billion. Amazon's stock has rallied 4.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

 

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:

 /  🏆 3. in BUSİNESS

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.

Anti-vaccine movies disappear from Amazon after CNN Business reportAmazon has apparently started removing anti-vaccine documentaries from its Amazon Prime Video streaming service. The move came days after a CNN Business report highlighted the anti-vaccine comment available on the site. Business Good. Business Business Hundreds of ISIS fighters surrendered yesterday in Syria but you didn’t hear about it bc y’all were too busy eating nothingburgers from the Communist News Network
Source: CNN - 🏆 4. / 95 Read more »