Largest US Companies by Market Cap |
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February 15, 2017: One could say investors had a "love affair with stocks" as Valentine's day 2017 saw new record closing highs for the four major US stock markets. This table lists the fifty largest US companies ranked in order of market capitalization and shows the change in market cap over the past 12 months.
Data as of February 14, 2017 Closing Prices
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From Wikipedia: Market capitalization (market cap) is the market value at a point in time of the shares outstanding of a publicly traded company, being equal to the share price at that point of time times the number of shares outstanding. Article
Index Calculation: Market cap is given by the formula , where MC is the market capitalization, N is the number of shares outstanding, and P is the closing price per share. For example, if some company has 4 million shares outstanding and the closing price per share is $20, its market cap is then $80 million. If the closing price per share rises to $21, the market cap becomes $84 million. If it drops to $19 per share, the market cap falls to $76 million. This is in contrast to mercantile pricing where purchase price, average price and sale price may differ due to transaction costs. |
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Note 1. The list of stocks came from dogsofthedow.com: Largest Companies by Market Cap Table Description: The following table lists the 50 largest companies by market cap (available on major US stock exchanges).
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