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Business and Finance
Reuters
Apple joins the Trillions Club again
Shares of "Apple" advanced for the fourth consecutive session Thursday. The stock has reached its highest level since last October, thanks to investor confidence in the company after the disclosure of new products.
Apple shares closed Thursday at 223 dollars, up 17% from the low reached last August.
When the stock price soared, Apple's market capitalization surged, once again surpassing the $ 1 trillion mark. She unveiled Tuesday a wide range of new products and services at Cupertino headquarters, including the iPhone 11.
It was the first time that Apple had a market capitalization of $ 1 trillion in August 2018, but the US company's stock then declined and the market value dropped.
It is worth mentioning that "Apple" is not the only company worth $ 1 trillion, with a market value of "Microsoft" $ 1.04 billion.
Source: Bloomberg
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