Microsoft ranks third in the world after breaking the $600 billion mark in market value after 17 years

Reported on October 20, morning news, Microsoft's market value closed at 600 billion U.S. dollars on Thursday, the first since the Internet bubble in 2000.

The company's market value last hit 600 billion U.S. dollars on January 3, 2000.

The company's stock price rose 0.4% to close at 77.91 on Thursday, and rose less than 1% after the close.

So far this year, Microsoft's stock price has risen more than 25%, outperforming the S&P 500 by 14.4%.

According to FactSet data, Microsoft is currently the world's third-largest listed company, second only to Google's parent Alphabet and Apple.

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