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Microsoft's share price hit a record $400 billion for the first time in intraday trading on Thursday

via:CnBeta     time:2018/7/13 7:01:26     readed:149

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According to FactSet, a financial information provider, if Microsoft's stock price remains at $104.13 or more, Microsoft's market value will reach $800 billion, a milestone the company has never achieved before.

As of Thursday's close, Microsoft shares closed at $104.19.

Figure 2: Microsoft shares closed at $104.19

Currently, only three companies have a market capitalization that exceeds Microsoft. They are Apple, Amazon, and Google's parent company Alphabet. Amazon's share price also hit a record high in early trading on Thursday. The closing price of Alphabet is expected to hit a new high.

Microsoft's share price has increased by 21.3% so far this year. The Standard & Poor's 500 Index rose by 3.8% over the same period.

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