Microsoft, Bumping Apple, Is Now the Most Valuable U.S. Company

Microsoft closed Friday with a larger market cap than Apple’s, making the Redmond software giant the most valuable U.S. stock. Microsoft’s stock rose 0.7% Friday, giving it a market cap of $851 billion, according to Nasdaq. Apple’s stock, which fell 1%, closed the day worth $847 billion. Microsoft briefly surpassed Apple in market cap earlier this week. The last time its stock was the most valuable in the U.S. was in 2002. Others such as GE, Exxon Mobile, and Apple have held that title since then.
Read more: http://fortune.com/2018/11/30/microsoft-bumping-apple-is-now-the-most-valuable-u-s-company/?source=Snapzu