Home / Mac / Apple lost $ 180 billion in market value today – the biggest loss for any company ever

Apple lost $ 180 billion in market value today – the biggest loss for any company ever



Apple is very good at setting records. Apple shares threw a neat 8% on Thursday, a bad day for technology action around, which equates to a loss of around 180 billion dollars in market value or around the total value of IBM, Dell and HP.

Apple Park in Cupertino, California
Apple Park in Cupertino, California

Nicholas Jasinski for Barron’s:

It is the largest one-time loss in value for any company ever, but still gives Apple a market value of well over $ 2 trillion. Big numbers are fun.

The previous loss record in one day was weird. Back in October 2008, the sports car manufacturer Porsche revealed that they had gained control of a majority of voting shares in Volkswagen. It gave a massive short press, which drove Volkswagen shares 82% higher to briefly become the most valuable company in the world – to $ 348 billion dollars, lean by today’s standards. Things normalized a bit the next day, and VW shares lost 44%, or $ 153 billion dollars in market value.

In the US, the biggest loss in a day’s market value came from the Facebook share on July 26, 2018 … and lost over $ 119 billion in market value.

MacDailyNews Take: You have to take the bad with the good, and fortunately AAPL shareholders have had a lot of good this otherwise so tired year (so far). Thursday’s end of $ 120.88 is the lowest since just August 20 – just 10 trading days ago. Apple shares have continued to rise 65% since the beginning of the year, which must not be named, and up 127% in the last twelve months. 🙂


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