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Business Standard briefly becomes Wall Street's most valuable company

Reuters  |  SAN FRANCISCO 

SAN FRANCISCO (Reuters) - briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp dethroned long-time leader Apple. Amazon rose as much as 4.7 percent, putting its market capitalization at $865.0 billion. Apple was up 2.1 percent, giving it a market capitalization of $864.8 billion. Microsoft, which on Friday closed above Apple's market capitalization for the first time in eight years, was up 0.9 percent, leaving its stock market value at $859.0 billion, third in the group.The tight race between the trio of high-powered ...

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First Published: Mon, December 03 2018. 23:31 IST