January 4, 2022
Apple‘s stock-market value briefly rose above $3 trillion on Monday, yet another record and underscoring how the pandemic has turbocharged Big Tech’s decades-long rise.
The shares rose as much as 3% to trade at $182.88 in afternoon trading in New York before paring some of its gains. It last traded at $182.16, a gain of 2.6% that represents a market cap of about $2.99 trillion.
The advance came on a broadly positive sessionfor stocks in the first trading day of 2022, where outperformance in both Apple and Amazon.com Inc. contributed to a gain of more than 1% for the Nasdaq 100 Index.
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