Amazon briefly edges out Apple for most valuable company

Amazon.combriefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corpdethroned long-time leader Apple Inc .Amazon rose by 4.7 percent at one point, putting its market capitalisation at $865.0 billion.At the same time, Apple traded up 2.1 percent, giving it a market capitalisation of $864.8 billion.