MarketWatch: 3 U.S. companies exceed $400 billion market cap — all in: Friday October 23, 2015

By Jennifer Booton

Published: Oct 23, 2015 5:18 p.m. ET

By

JenniferBooton

Reporter

Following strong share-price gains for Alphabet Inc. GOOGL, +5.61%
and Microsoft Corp. stock’s MSFT, +10.08% best performance in 15
years, Friday marked the first time since November 20, 2014 where there
were three U.S.-listed companies with a market capitalization exceeding
$400 billion. Alphabet, formally known as Google, almost joined Apple
Inc. AAPL, +3.10% as the second company valued above $500 billion.
Its stock soared 5.6% to close at $719.33, giving the company a
valuation of $495 billion. Microsoft’s stock soared 10% to $52.87,
giving the company a market valuation of $422 billion. The last there
there were three $400 billion companies, the companies were Apple,
Microsoft and Exxon Mobil XOM, +0.11%