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

Friday November 11, 2022. 11:02 PM , from Slashdot/Apple
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.

Read more of this story at Slashdot.
https://apple.slashdot.org/story/22/11/11/2057200/apples-191-billion-single-day-surge-sets-stock-mar...
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