Amazon has stolen some of Microsoft Corp.’s thunder.
The online retail giant took Microsoft’s spot as the most valuable publicly traded U.S. company on Monday when its stock popped 3.4%, giving it a market capitalization of $797 billion, according to
Bloomberg. Microsoft was valued at $789 billion.
Alphabet Inc., parent company of Google, is in third place, with a market cap of $745 billion. Fourth on the list is Apple, which held the top position for years. The company’s stock price hit 52-week low last week after it issued lower guidance for the fiscal 2019 first quarter. Apple now has a market cap of about $702 billion, down from a record $1.1 trillion in early October, Bloomberg said.
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