Wednesday, March 21, 2018

Apple Still On Top After Amazon Passes Google As Second Most Valuable Company

On Tuesday March 20, Amazon’s stock rose 2.7% to while Apple declined .03% and Alphabet (Google) slipped .19%. As a result of this activity, Amazon passes Alphabet to become the second largest publicly traded company with a market cap of $768.04 billion. Alphabet is currently valued at $761.42 billion while Apple is atop with a current valuation of $889.17 billion.

Although, analysts estimate based on trends that Amazon will be first to hit one trillion in August with Apple hitting the mark one week later.

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