Topline
Apple on Tuesday became the second company in history to be valued at $5 trillion, joining Nvidia as the iPhone maker’s shares have surged in recent weeks, becoming the world’s largest firm by market capitalization.
The iPhone maker recently regained its ranking as the world’s most valuable company.
AFP via Getty Images
Key Facts
Shares of Apple rose as much as 1.8% to $342.89 shortly after trading opened, pushing the company’s market capitalization just above $5 trillion for the first time, before paring back gains to be largely unchanged.
This is a developing story.