Apple, Exxon Vie for Most Valuable Company Title

Wednesday Aug 10th 2011 by Datamation.com Staff
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On Tuesday, Apple briefly became the company with the highest market capitalization, but Exxon claimed its title back by the end of the day.

NYTimes: On Tuesday, Apple briefly passed Exxon to become the company with the world's highest market capitalization. In the afternoon, Apple’s stock hit $366.62, giving the company a market cap of $337.11 billion. At the same time, Exxon's stock was worth $68.90, giving it a market cap of $337.11 billion.

By the end of the day, the places were reversed, and Exxon had regained it's title as the world's most valuable company.

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