You are here: Home » Reuters » News
Business Standard

Amazon.com briefly becomes Wall Street's most valuable company

Reuters  |  SAN FRANCISCO 

SAN FRANCISCO (Reuters) - Amazon.com 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 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

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