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At the close of trading on Thursday, the price of the company's shares increased by 8.9% to $146.87. Thus, Apple had a $2.336 trillion market capitalization.
Bloomberg reported that "softer-than-expected inflation figures lifted stock markets around the world," adding that "the world's most expensive corporation added $190.9 billion to market value, the biggest ever for a U.S. listed company."
Inflation in the United States dropped from 8.2 percent a month earlier to 7.7 percent in October. This information caused the stock market to react with an unheard-of level of optimism, sending its key indicators surging. NASDAQ index of high-tech companies in particular increased by 7.35%.
source: cnn.com
Bloomberg reported that "softer-than-expected inflation figures lifted stock markets around the world," adding that "the world's most expensive corporation added $190.9 billion to market value, the biggest ever for a U.S. listed company."
Inflation in the United States dropped from 8.2 percent a month earlier to 7.7 percent in October. This information caused the stock market to react with an unheard-of level of optimism, sending its key indicators surging. NASDAQ index of high-tech companies in particular increased by 7.35%.
source: cnn.com
