Amazon kicked out of the trillion dollar club with Tuesday’s crash – Here’s who else is still in – Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Apple (NASDAQ:AAPL ), (NASDAQ:AMZN)

0, Inc. AMZN shares plunged nearly 5.5% on Tuesday, knocking the e-commerce giant out of the trillion-dollar club.

Tuesday Punch: Amazon shares closed at $96.79, 3.2% below the psychologically important $100 mark. Shares hit a new 52-week low at $96.51 on Tuesday.

This puts the company’s market capitalization at nearly $987.45 billion while the Jeff BezosThe founded company has 10.202 billion shares outstanding, according to data from Benzinga Pro.

Who is still standing: Even though Amazon was kicked out of the trillion dollar valuation group, there are still four other companies. Three of which are definitely tech giants.

Apple Inc. AAPL the market cap was $2.4 trillion, as of Tuesday’s close of $150.65. Another company that boasts a market capitalization of over $2 trillion is Saudi Arabia.

The state-owned oil and natural gas company based in Dhahran, Saudi Arabia, was worth $2.04 trillion as of Tuesday.

Microsoft Corporation MSFT The market capitalization was $1.7 trillion, with the company’s share price ending at $228.17 on Tuesday.

Google relative Alphabet Inc. GOOGL GOOG Class A and Class C shares fell 4.3% to $90.47 and 4.4% to $90.50 respectively on Tuesday. The search engine giant has a market cap of $1.17 trillion. But that trillion-dollar valuation could be in jeopardy.

Why freefall: Amazon and Alphabet missed revenue estimates in their respective third-quarter results, according to data from Benzinga Pro.

Amazon shares have fallen 12.8% since the release of third-quarter results on Oct. 27. Google’s Class A and Class C shares have fallen 13.41% and 13.75%, respectively, since the company’s third quarter figures.

Read more : Amazon takes a big step with its podcast and music offers: the entire catalog of 100 million songs is now free


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