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...