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Microsoft Moves to Top of Market-Cap Rankings as GE Slips

Time: 15:47 EST/20:47 GMT | News Source: Yahoo News | Posted By: Byron Hinson

Microsoft Corp. is once again the world's most valuable company. The Redmond, Wash., software company sports a market capitalization of $262.1 billion based on last Friday's closing stock prices. That's less than half its peak value, but good enough to eclipse the sagging General Electric Co. , whose market cap is $240.9 billion. Market capitalization is computed by multiplying the current stock price by the number of shares outstanding. General Electric has about 9.49 billion shares outstanding; Microsoft has about 5.36 shares billion outstanding, according to recent company reports.

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#276 By 4240821 (166.1.149.158) at 11/18/2024 1:20:05 AM

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