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Apple Loses Position As World's Most Valuable Company to Oil Giant Aramco
source link: https://machash.com/macrumors/330235/apple-loses-position-worlds-valuable-company-to-oil-giant/
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By Tim HardwickMay 12, 2022, 4:31 am125 pts
Apple has lost its position as the world's most valuable company, after a broad sell-off of technology stocks and a rise in the price of oil. Apple stock fell by around 5% on Wednesday to $146.50, down nearly 20% since the start of the year. Apple's market capitalization dropped to $2.37 trillion. Oil giant…
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