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Experts are divided. on Thursday, the company’s stock price shot up more than 16%, adding $276 billion to its market valuation and fueling a global stock rally
In 2002, after the dot-com bubble burst and Sun Microsystems swooned, the company s co-founder Scott McNealy highlighted the folly of Wall Street analysts who favored one particular financial metric to gauge a stock s worth: its price relative to the company s sales.