/// Slumping Apple Gives Market-Cap Crown Back to Exxon Mobil

March 4, 2013  |  All Things Digital

Apple’s declining stock price has finally cost it the title of most valuable company by market cap. Apple’s share price fell more than 2 percent to close at $420.05 Monday, dragging the company’s market value below $400 billion for the first time since January 2012. At $396.5 billion, Apple’s market cap is now less than that of oil giant Exxon Mobil, whose market capitalization remains just above $400 billion.

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Slumping Apple Gives Market-Cap Crown Back to Exxon Mobil

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