Apple Passes $4 Trillion Market Value—Joining Microsoft And Nvidia

Shares of Apple rose as much as 0.4% Wednesday morning, briefly pushing the company’s market capitalization above $4 trillion for the first time.

Apple’s stock has since pared back earlier gains, falling from an all-time high of $269.20 to around $268.60 as of 11:35 a.m. EDT.

Microsoft, which hit the milestone for the first time in July, similarly rose above the $4 trillion threshold as shares climbed 2% as of 11:30 a.m. EDT, raising Microsoft’s market cap to around $4.04 trillion.