12-02-2020 20:08 via feedproxy.google.com

Apple retakes ‘most valuable company’ title from Microsoft

Microsoft’s new reign as the most valuable U.S. company by market capitalization is looking like a short one (just two days) as Apple shares climb today as investors come to grips with the impact of the coronavirus outbreak.
Tomi Kilgore for MarketWatch:[Shares of Microsoft] slumped 0.7% while Apple Inc. shares rallied [1.78%]. The moves boosted Apple’s market cap to $1.413 trillion from $1.398 trillion at Tuesday’s close, and knocked Microsoft’s market cap down to $1.393
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