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Move over Rover, Vulcan overtakes Petsmart

Posted By Therese Dunphy On March 26, 2013 @ 2:09 pm In Aggbeat Online,News | No Comments

vulcan-materials-logo [1]According to Forbes magazine, Vulcan Materials moved up a spot in the S&P 500, when ranked by market capitalization. It edged out Petsmart for the 413th largest company on the ranking.

The business journal notes that market capitalization allows for a true comparison of value attributed by the stock market to a company’s stock and allows an “apples-to-apples” comparison of the value of various stocks.

Vulcan’s market cap is now $6.69 billion, slightly higher than Petsmart’s value at $6.66 billion.

 


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