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County’s market value reaches $30-billion milestone | Taking Stock

 

Last updated 3/8/2017 at Noon



On March 1, Snohomish County reached $30 billion in market capitalization.

I had been anticipating this event since last fall when Seattle Genetics reached $10 billion in market capitalization for the first time. It finally happened. The actual number was $30,763,368,153.79.

Market capitalization is measured by multiplying the price of one share of stock by the total number of shares.

There is a wide disparity in value for the shareholder-owned companies in Snohomish County. The most valuable, Fortive, was at $20.4 billion on March 1. The smallest, Seen on Screen TV, was at just $1 milli...



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