(Bloomberg) — Apple Inc.’s surge Thursday was one for the record books.
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The world’s most valuable company added $190.9 billion in market value, the most ever by a US-listed company, as softer-than-expected inflation data buoyed equity markets across the board. The jump eclipsed Amazon.com Inc.’s $190.8 billion gain in February, according to data compiled by Bloomberg.
Apple, which after Thursday’s 8.8% jump has a market capitalization of $2.34 trillion, now accounts for four out of the top five biggest daily gains. The stock remains down 17% this year.
–With assistance from Tom Contiliano.
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Source: https://finance.yahoo.com/news/apple-191-billion-single-day-223634547.html