Apple Inc- First company to hit $3 Trillion

Apple Inc on Monday became the first company to hit a $3 trillion stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality.

On the first day of trading in 2022, its shares hit an intra-day high of $182.88, putting Apple’s market value just above $3 trillion. — Reuters