Share price soars 10%, Apple regains its position as the world's most valuable company
11
Aug 2020

Kirsten Thomas

Share price soars 10%, Apple regains its position as the world's most valuable company

After Apple announced its latest quarterly results , its stock price surged 10% to close at $425.04, setting a new high while its market value also hit a new high of $1.84 trillion.

Finally successfully knocked down "Saudi Aramco" (Saudi Arabian National Petroleum Corporation) and regained its status as the most valuable company on the ground. In fact, "Saudi Aramco" became the world's largest company by market capitalization for a long time after it went public, and until the latest trading day, the market value of "Saudi Aramco" was US$1.76 trillion.