CAT 
In intraday trading on Thursday, Apple has been usurped as the most valuable company in the US, with Microsoft taking the crown more than two years after the last time it happened.
Credit: Microsoft
Credit: Microsoft
The cross-over happened at about 9:50 AM ET, shortly after the market opened. Apple has been hit by a few downgrades to its stock in the last few days, and Microsoft has seen the opposite.
Trading has been slightly above-average overall on Thursday, with the NASDQ down by about a half-percent. Apple’s stock has been hit by about $3 a share for losses today, with Microsoft stock down a bit from when the market opened, but up from yesterday’s close.
Go Here to Read this Fast! Microsoft edges out Apple as the most valuable company in the US
Originally appeared here:
Microsoft edges out Apple as the most valuable company in the US
