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.

green aapl logo
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

fumi2014 Avatar
30 months ago

Relax it’s going to be over soon
The human race?
Score: 14 Votes (Like | Disagree)
happygodavid Avatar
30 months 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)
lunarworks Avatar
30 months 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)
scrapesleon Avatar
30 months ago
Relax it’s going to be over soon
Score: 8 Votes (Like | Disagree)
realeric Avatar
30 months 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)
MareLuce Avatar
30 months ago
China pandemic is ended now in two months.
Do you believe the numbers China is publishing?
Score: 5 Votes (Like | Disagree)

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