Amazon.com Inc.’s stock AMZN, -2.88 percent surged 2.8 percent in afternoon trade Wednesday, enough to overtake Apple Inc. AAPL, -7.29 percent to become the second-largest U.S. company by market capitalization. Based on share counts listed in the companies’ latest quarterly filings, Amazon’s market cap grew to about $754.9 billion, while Apple’s stock edged up 0.4 percent to nudge its market cap up to $751.6 billion. Amazon shares have run up 30 percent over the past 12 months, while Apple’s stock has lost 8.1 percent and the Dow Jones Industrial Average DJIA, +0.08 percent has slipped 5.9 percent. Meanwhile, Microsoft Corp. shares MSFT, -2.31 percent slipped 0.1 percent, but the software giant held onto first place with a market cap of $779.3 billion. Google parent Alphabet Inc. GOOGL, -1.06 percent was still fourth, as the stock rose 0.8 percent to lift its market cap to $723.7 billion.