Apple momentarily became the world’s most valuable publicly traded company today again after its market valuation surpassed that of Nvidia, according to CNBC. However, the two companies have since swapped places during today’s session.
Apple’s stock price has risen about 20% since closing at $275.15 on June 25, pushing the company’s valuation to nearly $5 trillion. AAPL is now trading above the $332 mark in the intraday market.
Technically, Saudi Aramco remains the most valuable company in the world, but it is often overlooked in this context because it is largely state-controlled.
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