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By
Reuters
Published
Dec 4, 2018
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Amazon briefly edges out Apple for most valuable company

By
Reuters
Published
Dec 4, 2018

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 Inc.

Amazon briefly edged out Apple to be the most valuable companyon bWall Street - Reuters


Amazon rose by 4.7 percent at one point, putting its market capitalization at $865.0 billion. At the same time, Apple traded 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.

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