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Microsoft reclaimed its crown as the second largest US company after surpassing Amazon in market value on Friday.
Although the software maker has not been spared by the more general stock sale that shook Wall Street – and technology stocks in particular – this month, its shares have held up better thanks to a series of outstanding quarterly results released this week.
The stock is down 0.6% to $ 107.68 in the midday trade, compared with the broader 1% decline for the Nasdaq. This leaves the market value at $ 826.6 billion.
Meanwhile, Amazon's market capitalization is only $ 817.3 billion, after fourth-quarter sales were disappointing, wiping out $ 47.6 billion worth e-commerce Friday.
Given today's 6% drop, Amazon is down 16.3% for the month. Microsoft, by contrast, has lost only 5.8% for the month so far.
Apple remains the leading dog, with a market value of $ 1.05 trillion, despite a 3.6% decline since October.
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