Washington stocks set records this quarter | Taking Stock
Last updated 10/5/2016 at Noon
Washington shareholder-owned companies finished the third quarter at a record high value of nearly $1.2 trillion in market capitalization.
Market capitalization is measured by multiplying the value of one share by the total number of shares outstanding.
Microsoft, as it has been for the last 25 years, was the most valuable company in Washington at a value of $448.8 billion. Amazon gained on Microsoft during the quarter and finished a very respectable second at $396.9 billion.
Microsoft and Amazon are two of the four most valuable companies in the world. Starbucks was third at $79.4 billi...