During Friday’s trading session on January 25, Apple lost the title of the world’s most valuable publicly traded company to Exxon Mobile, Reuters reports.
Apple stocks tumbled 2.4% during the session to $439.88 per share. Thus, company’s market capitalization reached $413 billion.
Exxon Mobil stocks on the contrary grew 0.4% to $91.73 per share. Company’s market capitalization hit $418.2 billion.
The agency notes that since September 2012, Apple’s market capitalization declined approximately $250 billion.
For the first time Apple eclipsed Exxon Mobil as the most valuable company in August 2011.
