Nvidia Regains Top Spot as World's Most Valuable Company
Nvidia has regained its position as the world's most valuable company after just four days of Apple holding the top spot.
The change occurred on August 31, when Nvidia rose 2.93% to close at $200.75 in regular trading in New York.
This move pushed Nvidia's market capitalization to $4.86 trillion, surpassing Apple's $4.54 trillion and restoring its No. 1 ranking.
The change was largely due to Apple shares falling 7.35% after the company forecast limited revenue growth in the July-September period.