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Saudi Arabia values oil giant Aramco far below original target

Video Credit: Al Jazeera STUDIO - Duration: 01:36s - Published
Saudi Arabia values oil giant Aramco far below original target

Saudi Arabia values oil giant Aramco far below original target

The government is preparing Saudi Aramco for what could be the world's biggest-ever initial public offering.


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Saudi Aramco Saudi Aramco Saudi Arabian petroleum and natural gas company

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Apple Hits $2-Trillion Market Cap [Video]

Apple Hits $2-Trillion Market Cap

Apple just became the first US-listed company to reach a $2 trillion market capitalization. Apple shares rose 1.2% to an all-time high of $467.84 per share on Wednesday to reach the $2-trillion milestone. Oil giant Saudi Aramco is the only other publicly listed company to ever hit a $2 trillion market value. Apple recently announced its fifth stock split in an effort to appeal to a broader base of investors. Business Insider reports Apple is set to enact a 4-for-1 split of its shares next Monday.

Credit: Wochit News    Duration: 00:28Published
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On Thursday, Apple released a blockbuster earnings report. On Friday, Apple shares surged as much as 7%. Apple's market capitalization briefly overtook Saudi Aramco's on Friday, dethroning the oil giant as the most valuable company in the world. Apple's market value at $1.762 trillion. Apple's recent tear has sent shares up roughly 39% year-to-date. The company also on Thursday announced a 4-1 stock split, which it said would help it appeal to a broader range of investors.

Credit: Wochit News    Duration: 00:34Published

Saudi Arabia Saudi Arabia Country in Southwestern Asia

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Credit: Al Jazeera STUDIO    Duration: 02:05Published

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Aramco IPO range values Saudi oil giant at up to $1.7 trillion [Video]

Aramco IPO range values Saudi oil giant at up to $1.7 trillion

Saudi Aramco is worth up to $1.7 trillion at the IPO price range set by the oil giant on Sunday, below the $2 trillion touted by Saudi's crown prince but still vying for the title of the..

Credit: Rumble     Duration: 02:03Published
Aramco IPO expected to lean on Saudi investors and China [Video]

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As Saudi Arabia gears up to sell shares in its national oil company - questions remain about how much it is really worth.

Credit: Al Jazeera STUDIO     Duration: 03:06Published
Give or take a trillion: Aramco's elusive price tag [Video]

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Oil giant Saudi Aramco is set for the biggest ever IPO. But estimates of its value vary from $1 trillion to more than double that amount. Julian Satterthwaite reports.

Credit: Rumble     Duration: 01:45Published