The world's biggest online social network knocked the world's largest retailer out of the top 10 list of the highest-valued companies in the Standard & Poor's 500 index on Monday and the gap widened on Tuesday.
Facebook Inc. was valued at $242.7 billion as of late morning trading, its share price up more than two per cent at $86.59 - an all time high.
Meanwhile, Wal-Mart Stores Inc., which has been in the top 10 since 1998, was valued at $233.8 billion, its stock price down 21 cents at $72.58.
What an initiative. ...
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