Microsoft could soon surpass Apple to become the most valuable U.S. publicly traded company
The lack of analyst love for Apple has opened the door for Microsoft to surpass Apple as the most valuable publicly traded U.S. firm. Including the $7 that Microsoft tacked on to its stock price on Wednesday, Microsoft’s shares have risen $9 or 2.41% since the beginning of the year. This rally has taken Microsoft’s market capitalization (or stock price multiplied by the number of outstanding shares) to $2.84 trillion. Microsoft is worth approximately $600 million less than Apple and has the momentum it needs to topple Apple from its precarious position at the top of the valuation charts.