01
Feb
2019

Amazon’s stock falls, but it’s still Number 1

Shares of Amazon.com Inc. slumped 3.9% in morning trade Friday, as a downbeat outlook offset fourth-quarter earnings and revenue beats, but the e-commerce giant managed to hold onto its title as the largest U.S. company by market capitalization. With 491,202,890 shares outstanding as of Jan 23, according to Amazon’s annual report, the market cap is $811.2 billion. Just behind it is Microsoft Corp. , with a market cap of $796.0 billion, followed by Apple Inc. at $794.2 billion and Google parent Alphabet Inc. at $784.4 billion, according to FactSet. Shares of Amazon have slipped 0.8% over the past three months, while Microsoft has shed 2.1%, Apple has tumbled 24%, Alphabet has gained 3.9% and the Dow Jones Industrial Average has slipped 0.9%.

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source: MarketWatch.com – MarketPulse