Economic TimesLean R·
Apple becomes most valuable company again
Apple stock rose to a record high on Wednesday after US markets rallied following the Democrats’ sweeping victories in US midterm elections. It pushed the iPhone maker’s market capitalization above $5 trillion. This made it the most valuable company in the world.Shares of AAPL increased over 6%, moving above $354 and surpassed the stock’s previous record. The rally followed an early-week pullback after the company’s latest earnings report.The gains came as investors reassessed the implications …
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