3/21, 9:43 PM (Source: TeleTrader)
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Apple ends day as 2nd biggest company by market cap

Apple Inc fell short of reclaiming the title of the biggest company in the world by market capitalization from Microsoft on Thursday, after surpassing the Windows creator during intraday trading on Wall Street.

Microsoft finished the day with a market capitalization of little over $922 billion, barely $2.5 billion more than the iPhone-maker.

Apple increased over 4.15% during intraday trading, finishing the day 3.66% higher, as Needham upgraded its price target to $225 from $180, while Citi moved the level to $220 from $170.

Breaking the News / BM