Apple's Stock Plunges $20 as Stock Market Trading Temporarily Halted After Opening Bell

Apple's stock opened at $255.94 this morning, down nearly $20 from a closing price of $275.43 on Wednesday, as the COVID-19 coronavirus pandemic continues to result in wild fluctuations on the stock market this week.

The broader S&P 500 index dropped over seven percent shortly after the opening bell this morning, triggering an automatic suspension of trading for 15 minutes.


Apple like many large companies is taking several precautions in relation to the COVID-19 outbreak around the world, including closing all Apple Stores in Italy, suspending Today at Apple sessions in several regions, and more. It is also looking very likely that Apple will not hold WWDC 2020 as a physical event, with other large developer conferences like Google I/O and Facebook F8 having already been canceled.

Apple reportedly encouraged its employees in Cupertino and many other locations to work from home this week if possible.


COVID-19 was declared a pandemic by the World Health Organization on Wednesday.

Top Rated Comments

(View all)
Avatar
17 weeks ago


Relax it’s going to be over soon

The human race?
Score: 14 Votes (Like | Disagree)
Avatar
17 weeks ago
I'm not one given to fear or panic, but this CV thing is looking like it could have serious longterm effects. Here's hoping it doesn't get worse. Stay safe, everyone.
Score: 12 Votes (Like | Disagree)
Avatar
17 weeks ago
The ban on travel from Europe was the biggie in knocking the stock market down this morning. That obliterates tourism, and all the industries that depend on it, and ratchets up the fear factor even more.
Score: 12 Votes (Like | Disagree)
Avatar
17 weeks ago
Relax it’s going to be over soon
Score: 8 Votes (Like | Disagree)
Avatar
17 weeks ago
It’s a chance to buy something. It will end in 6 months. China pandemic is ended now in two months. S Korea is getting well in a month. If other countries act like them, it can be controlled.

Free test, free hospitalIzation. It’s must, which US won’t do. So US will be... wait!
Score: 5 Votes (Like | Disagree)
Avatar
17 weeks ago

China pandemic is ended now in two months.

Do you believe the numbers China is publishing?
Score: 5 Votes (Like | Disagree)

Top Stories

5.4-Inch iPhone 12 Model Size Compared to Original iPhone SE and iPhone 7

Saturday July 4, 2020 9:44 pm PDT by
iPhone 12 dummy models based on leaked schematics have been starting to circulate online and in online marketplaces. Not happy with the circulating size comparisons between the rumored 5.4" iPhone 12 and the original iPhone SE models, MacRumors forum user iZac took matters into his own hands and purchased his own 5.4" dummy model to provide more detailed size comparisons between the original...

Hands On With iPhone 12 Models Showing New Sizes and Design

Monday July 6, 2020 2:04 pm PDT by
Ahead of the launch of new iPhones we often see dummy models created based on leaked schematics and specifications, with those models designed to let case makers create cases for the new devices ahead of their release. We got our hands on a set of dummy models that represent the iPhone 12 lineup, giving us our first close look at the iPhone 4-style design and the different size options. Subscri ...

Tom Hanks Discusses 'Heartbreaking' Shift of WWII Film Greyhound From Theatrical Blockbuster to Apple TV+ Exclusive

Monday July 6, 2020 7:53 am PDT by
Tom Hanks' WWII drama "Greyhound" is set to premiere on Apple TV+ this Friday, July 10, and ahead of that debut the actor gave an interview with The Guardian discussing the film. "Greyhound" was originally planned to see a theatrical release this summer, and was repeatedly delayed in the wake of the ongoing Covid-19 pandemic. Apple won the streaming rights to the film, and in the new...

Everything New in iOS 14 Beta 2: New Calendar Icon, Files Widget and More

Tuesday July 7, 2020 11:38 am PDT by
Apple today released the second beta of iOS 14 to developers for testing purposes, tweaking and refining some of the features that are coming in the update. Below, we've rounded up all of the changes that we found in the second beta. - Calendar icon - There's a new Calendar app icon in iOS 14 beta 2, with the day of the week abbreviated rather than spelled out. - Clock icon - The clock...

Apple Survey Asks iPhone Users What They Do With Old Power Adapters

Friday July 3, 2020 10:13 am PDT by
Amid multiple reports that Apple will no longer include a power adapter in its iPhone boxes starting with the iPhone 12 later this year, it appears Apple is surveying recent iPhone buyers to ask about what they've done with the power adapters that came with their previous iPhones. Screenshot via Twitter user @bedabb_ Apple's surveys typically cover numerous aspects of its products, but...

Developer's Visual Comparison of macOS Catalina and Big Sur Offers Closer Look at Apple's UI Redesign for Macs

Tuesday July 7, 2020 4:00 am PDT by
macOS 11 Big Sur is the next major release of Apple's operating system for Mac, and following its preview at WWDC, one of the biggest discussions has revolved around the all-new user interface redesign. Developers are still learning what the impact the new UI will have on their apps, and with that in mind, app designer Andrew Denty has compiled an extensive visual comparison of the user...

Top Stories: iPhone 12 Rumors, Apple's A12Z-Based Mac mini, Leaked iMac, and More!

Saturday July 4, 2020 6:00 am PDT by
With WWDC now behind us, our attention this week largely turned back to rumors, led by increasing claims that Apple controversially won't be including a power adapter in the box with the iPhone 12. We also saw a few other iPhone 12 rumors, signs of an upcoming iMac update, and some more information on timing of updates for Apple's smaller iPads. The other big topic this week was Apple's...

Shipping Estimates for 27-Inch iMac Continue to Slip, Now Into September

Monday July 6, 2020 6:55 am PDT by
Amid rumors and hints of a forthcoming update for the iMac, supplies of Apple's current 27-inch iMac continue to dwindle with mid- and high-end stock configurations now seeing shipping estimates pushed back into September. The 27-inch iMac has seen tight supplies and extended shipping estimates for months now, but the situation has been gradually worsening to the point where new buyers can...

Apple Cuts iPhone Trade-In Values as iPhone 12 Launch Nears

Tuesday July 7, 2020 7:46 am PDT by
With just two months to go until the usual timeframe for Apple's iPhone launch events, Apple is cutting back on maximum trade-in values of previous-generation iPhones for those looking to upgrade to a new model. Maximum values on more recent models have dropped by $30–$50, while older models have generally dropped by $5–$20 with a few models seeing no change in value.iPhone XS Max: $500 to...

Logitech Launches New Keyboard and Mouse Accessories for Macs

Tuesday July 7, 2020 6:40 am PDT by
Logitech today announced a new mouse and keyboard built for Macs, called the Logitech MX Master 3 and Logitech MX Keys for Mac. These new accessories are updates that have been optimized specifically for Apple's MacBook and iMac computers. The Logitech MX Keys for Mac ($99.99) supports a tactile keyboard with smart backlighting that automatically adjusts to ambient lighting conditions. It...