Patrick Hipes Executive Managing EditorApple’s stock price is up almost five points in early morning trading Wednesday, eclipsing a benchmark that made it the first U.S.
company to reach $2 trillion in market capitalization. The milestone comes after it passed the $1 trillion mark in August 2018.The company has been leading the tech sector’s rise against the tide of most other companies in the coronavirus-impacted economy.
To reach the $2T cap, its share price needed to hit $467.77, which it did just after 11 a.m. ET. As of nearly noon ET, the stock was trading just below that, up about 4.75 points near its 52-week high; it is up 54% year-to-date.
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