Apple has reclaimed its spot in the $1 trillion club.

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Shares gained more than 2.6 percent Wednesday morning, running the iPhone maker’s market capitalization back above $1 trillion for the first time in 10 months. Apple has at least a $1 trillion valuation when shares are above $221.28 apiece.  Microsoft ($1.03 trillion) is the only other U.S. company that is a member of the elite $1 trillion club.

Ticker Security Last Change %Chg
AAPL APPLE INC. 222.84 +6.14 +2.83%

Wednesday’s gain comes a day after Apple announced its streaming service would be priced at $4.99 a month, and said it would release three new iPhones and upgrade other products.

“The pricing of Apple’s streaming TV service at $4.99 per month is a ‘show stopper’ and a major shot across the bow at the likes of Netflix and Disney among others,” Wedbush Securities said in a note following Apple’s special event on Tuesday.

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