Apple reclaimed the title of the world’s most valuable company on Friday, according to data from MSX.COM, moving back ahead of Nvidia. Apple’s stock fell 1.2% during the session, bringing its market capitalization to $5.03 trillion. Nvidia dropped 4.2%, ending the day with a market value of $4.93 trillion. The move marked Apple’s first return to the top since it briefly surpassed Nvidia at the end of July. The ranking shift came even though both companies closed lower on the day, with Nvidia’s sharper decline allowing Apple to regain the lead in total market capitalization.
Apple retook the title of the world’s most valuable company on Friday, according to data from MSX.COM, moving back ahead of Nvidia.
Apple shares fell 1.2% on Friday, leaving the company with a market capitalization of $5.03 trillion. Nvidia dropped 4.2%, closing with a market value of $4.93 trillion.
It was Apple’s first time regaining the top spot since it briefly moved ahead of Nvidia in late July.
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