Article 65QYA Apple's $191 Billion Single-Day Surge Sets Stock-Market Record

Apple's $191 Billion Single-Day Surge Sets Stock-Market Record

by
BeauHD
from Slashdot on (#65QYA)
An anonymous reader quotes a report from Bloomberg: Apple's surge Thursday was one for the record books. The world's most valuable company added $190.9 billion in market value, the most ever by a US-listed company, as softer-than-expected inflation data buoyed equity markets across the board. The jump eclipsed Amazon's $190.8 billion gain in February, according to data compiled by Bloomberg. Apple, which after Thursday's 8.8% jump has a market capitalization of $2.34 trillion, now accounts for four out of the top five biggest daily gains. The stock remains down 17% this year.

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