Apple Becomes Latest $5 Trillion Company


Topline

Apple on Tuesday became the second company in history to be valued at $5 trillion, joining Nvidia as the iPhone maker’s shares have surged in recent weeks, becoming the world’s largest firm by market capitalization.

Key Facts

Shares of Apple rose as much as 1.8% to $342.89 shortly after trading opened, pushing the company’s market capitalization just above $5 trillion for the first time, before paring back gains to be largely unchanged.

This is a developing story.



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