Google Now Valued Higher Than Microsoft
When the markets open this morning, Google will — for the first time — be valued higher than Microsoft. Google’s stock closed Monday at $761.78 per share, then dropped 68 cents per share in after-hours trading. That gave Google a market cap of a little more than $249 billion. Microsoft’s stock closed Monday at $29.49 […]
When the markets open this morning, Google will — for the first time — be valued higher than Microsoft.
Google’s stock closed Monday at $761.78 per share, then dropped 68 cents per share in after-hours trading. That gave Google a market cap of a little more than $249 billion.
Microsoft’s stock closed Monday at $29.49 per share and then gained a penny per share after hours. Microsoft’s market cap currently sits at a little more than $247 billion.
As the New York Times reports, Google’s Monday surge also put its market cap above Walmart, making Google the third-most valuable company in the world. Apple is first with a $618 billion market cap, and Exxon Mobil is second at almost $424 billion.
Market cap is determined by multiplying the total number of shares outstanding by the current price per share.
Opinions expressed in this article are those of the guest author and not necessarily MarTech. Staff authors are listed here.
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