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Apple becomes largest US company

August 12, 2011

Apple Inc. and Exxon Mobil were nearly tied Tuesday for ranking as the biggest stock by market capitalization on the S&P 500 SPX +1.76% . Apple Inc. AAPL +3.45% had a market value of $338.66 billion at last check, compared with Exxon’s $339.17 billion.

Apple briefly passed Exxon in market value, before the oil giant reclaimed the No. 1 spot. Apple shares were up 3.4% at $365.42, while Exxon was down a fraction at $69.79.

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From → News, Uncategorized

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