Quantcast
Get breaking news alerts via email

Click here to manage your alerts
Google passes Exxon to be No. 2 U.S. company
This is an archived article that was published on sltrib.com in 2014, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

New York • Google has passed Exxon to become the second most valuable U.S. company by market capitalization.

According to FactSet data, the Internet company's market capitalization surpassed that of oil company Exxon Mobil Corp. last week. As of Friday's market close, it sat at $395.42 billion compared with the oil company's $392.66 billion.

Shares of Google Inc. have been on a steady climb since the beginning of 2013, gaining 66 percent.

Market capitalization is the number of outstanding shares multiplied by their value.

Meanwhile, Exxon's have risen just 5 percent. Since the beginning of this year, they've lost about 10 percent of their value.

Both companies trail Apple Inc.'s market capitalization of $463.55 billion.

Article Tools

 Print Friendly
Photos
 
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Access your e-Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.