Apple’s Market Cap Drops Below $1 Trillion

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

United States News News

United States United States Latest News,United States United States Headlines

Apple’s market cap closed below $1 trillion, leaving its longtime rival Microsoft as the only U.S. company left in the trillion-dollar club

Apple Inc.’s market capitalization closed below $1 trillion Monday, leaving its longtime rival Microsoft Corp. as the only U.S. company left in the trillion-dollar club.

Shares of Apple fell 2.1% to close at $224.37, part of a broad selloff fueled by the coronavirus pandemic and jitters over U.S. lawmakers’ ability to pass a giant fiscal stimulus bill. At that price, the tech giant’s market cap is about $982 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Apple is made in China. So when China does this to the world economy, it's only fair that Apple collapse as well.

🙄

G-d told me. This is your chance to make a smart decision. What are you going to do?

😱😱😱

Plenty of money for Billionaire Socialism. No money to stop COVID19 from killing millions. Capitalism Enjoy

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:

 /  🏆 98. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Colleges that earned female founders over $1 million for startups - Business Insider10 US colleges and universities where female grads have gone on to secure more than $1 million in funding for their startups One day we’ll be on the top of this list.
Source: BusinessInsider - 🏆 729. / 51 Read more »