Business

Apple becomes first company to reach $3T market cap

Company’s shares reach $182.88 to hit market value of $3T on 1st transaction day of 2022

The US-based technology giant Apple has become the first company with a $3 trillion stock market value.

Apple, whose stocks increased by three times since the beginning of the pandemic,gained a value of around 3% on Monday.

On the first transaction day of 2022, the company’s shares hit $182.88 to hit the market value of $3 trillion.

Microsoft with a $2.5 trillion stock market value and Alphabet with $1.9 trillion followed Apple.

Apple hit the $1 trillion mark in August 2018 and $2 trillion in August 2020.

Source
AA

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