Look who has entered the top 10.
Facebook’s stock rallied to an all-time high Friday, propelling the social network’s market valuation into the top 10 among all S&P 500 companies.
MarketWatch reports that the stock climbed 7.4% on the week, its biggest weekly gain in eight months.
That boosted Facebook’s market capitalization by $16.1bn to $231.6 billion, according to FactSet, passing blue-chip bank J.P. Morgan, at $228.2bn, in the process. Next up: General Electric, at $255bn.
The following are the top 10 companies by market cap in the S&P 500 the benchmark index that comprises 500 of the biggest U.S. companies:
Berkshire Hathaway $357.6bn
Exxon Mobil $354.1bn
Wells Fargo $285.6bn
Johnson & Johnson* $282.8bn
General Electric* $255bn
*Dow Jones Industrial Average componentsSource: FactSet
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