Tech giant Apple on Monday became the first company to hit a $3 trillion stock market value.
Shortly after hitting the $3 trillion milestones at around 1:45 PM ET, Apple’s market cap dipped below it again. Apple’s market cap must be above the $3 trillion mark when the market closes at 4 PM ET for it to officially be designated as the first publicly-traded company with that valuation, and it ended below $3 trillion on Monday.
Apple shared the $2 trillion market value club with Microsoft Corp (MSFT.O), which is now worth about $2.5 trillion. Alphabet Inc (GOOGL.O), Amazon.com Inc, and Tesla Inc (TSLA.O) have market values above $1 trillion. Saudi Arabian Oil Co (2222.SE) is valued at about $1.9 trillion, according to Refinitiv.
