207 days ago • Posted by Charles-Henry Monchau
Will Apple soon overtake the entire Russell 2000 Market cap?
Apple's (AAPL) extraordinary run in this year has the stock closer to achieving what would surely be a monumental feat. The chart below shows the historical market cap of AAPL against the Russell 2000. the US small caps index. For most of 2019, the market cap spread between the two was over a trillion dollars. But then COVID hit. As AAPL's stock was much less impacted than the companies in the Russell 2000, the market cap spread between the two has narrowed substantially this year, and on Thursday reached a record low of just under $250 billion - source: Bespoke