Shares of Apple Inc.
rose 0.6% in morning trading Monday, enough for the technology giant to reclaim the No. 1 spot on the list of largest U.S. companies by market capitalization. Based on most recent filings disclosing shares outstanding, Apple’s market cap was now at $1.074 trillion, while Microsoft Corp.’s stock
slipped less than 0.1% to lower the software giant’s market cap to $1.066 trillion. That puts Apple on track to close at No. 1 for the first time since April 17. Apple and Microsoft remain well above third-place Amazom.com Inc.
currently valued at $853.1 billion, and above fourth-place Google-parent Alphabet Inc.
at $848.2 billion. Apple’s stock has run up 16.9% over the past three months and Microsoft shares have tacked on 0.5%, while the Dow Jones Industrial Average
has slipped 1.9%.
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