Stock markets set a curious record last year: Apple gained more in equity value than any other company in history. Apple’s stock surged 86 per cent in 2019, sending the iPhone maker’s market capitalisation to $1.3tn — a gain of $556bn. The problem is that giant stocks such as Apple make up a sizeable chunk of the market, but deliver gains beyond their weightings. Read More...
Stock markets set a curious record last year: Apple gained more in equity value than any other company in history. Apple’s stock surged 86 per cent in 2019, sending the iPhone maker’s market capitalisation to $1.3tn — a gain of $556bn. The problem is that giant stocks such as Apple make up a sizeable chunk of the market, but deliver gains beyond their weightings.
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