Republic Services Inc (RSG) has surpassed Becton, Dickinson & Co (BDX) to become the 225th largest company by market capitalization in the S&P 500 as of Thursday. RSG’s market cap stands at $66.89 billion, while BDX’s is at $44.73 billion.
This shift highlights the significance of market capitalization, which provides a more accurate valuation comparison between companies than stock price alone. On the same day, RSG’s stock rose approximately 0.2%, whereas BDX’s declined by about 0.9%.
