Microsoft capitalization exceeded $ 600 billion for the first time since 2000

Microsoft's market value exceeded $ 600 billion for the first time in 17 years. About this writes "Interfax" with reference to Factset.

The last time the company's capitalization exceeded this mark in January 2000. The cost of shares on October 19 increased by 0.4% reaching $ 77.91. Since the beginning of the year, their price has increased by 25.4%.

According to experts surveyed, increasing value may indicate a company's revival due to its success in the field of cloud technologies.

Microsoft takes third place in capitalization in the Standard & Poor's 500 index. The company is overtaken by Apple and Alphabet.