Microsoft’s market capitalization has surpassed $ 2 trillion for the first time. The corporation became the second in the United States after Apple to achieve this figure, Bloomberg reports.
Microsoft managed to break the $ 2 trillion mark during trading on June 22 – the company’s shares rose 1.2%. However, at the end of the trading session, the price of securities fell to $ 265.51 – a few cents were not enough to consolidate the result. After trading, Apple is the only company with a capitalization above $ 2 trillion.
NASDAQ updated its all-time high, the index reached 14269.77 points. On June 22, shares of technology companies rose significantly: Facebook (2.15%), Twitter (3.05%), Apple (1.07%). The value of Microsoft shares by the end of trading increased by 1.1%.
Apple capitalization exceeds $ 2.2 trillion. The corporation crossed the $ 2 trillion mark in August 2020. In September 2020, Saudi Aramco reached the same level of capitalization, but now it is below $ 1.9 trillion.
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