Apple's Stock Has Plunged 25% in Just Over One Month Amid Coronavirus Pandemic

Apple's stock opened at $241.31 today, down over 25 percent from a closing price of $327.20 on February 12. After the opening bell, stock market trading was automatically suspended for 15 minutes due to an over seven percent decline in the S&P 500.


Apple's stock price has seen wild fluctuations due to the COVID-19 coronavirus pandemic, with shares now rebounding above $250 on the intraday market.

Tag: AAPL

Top Rated Comments

(View all)
Avatar
11 weeks ago


Remember that for every stock sale, someone has to buy. Wonder who all of those buyers are? We certainly have a record number of them. I'm guessing some really smart wealthy people that can afford to invest long term.

This is a made up crisis that was formulated to rid people of their investments and restrict freedom by enacting new laws that otherwise could not get passed.

Not saying this version of the flu is not bad, or that a lot of people will not die, but that this crisis is not the end of the world. We have had media created world ending flue crisis in something like 6 of the last 10 years (SARS, N1H1, etc.)

People need to use some critical thinking.

You, of course, know better than the pandemic and medical professionals from the WHO?

Take your head out of the sand, this is extremely dangerous mentality and can lead to unnecessary deaths.

Absolutely disgusting and shameful.
Score: 22 Votes (Like | Disagree)
Avatar
11 weeks ago


I'm thankful that I had not invested in stocks.

Absolutely devastating for people that have lost their savings.

It's devastating in the short term, but businesses like Apple will rebound and do fine in the intermediate term.
Score: 19 Votes (Like | Disagree)
Avatar
11 weeks ago


I'm thankful that I had not invested in stocks.

Absolutely devastating for people that have lost their savings.

That’s not how it works. People haven’t lost anything until they sell. The foundations for this booming economy are all still there. There’s liquidity in the market and it will bounce back. Unlike past market drops, this one wasn’t created by a “bubble”. Now is the time to invest! “Buy low/Sell High”
Score: 6 Votes (Like | Disagree)
Avatar
11 weeks ago


I'm thankful that I had not invested in stocks.

Absolutely devastating for people that have lost their savings.

That makes me wonder... shouldn't we be buying stocks now, knowing it will go back up after the virus is gone?
Score: 5 Votes (Like | Disagree)
Avatar
11 weeks ago


I'm thankful that I had not invested in stocks.

Absolutely devastating for people that have lost their savings.

This is all part of investing. Had you invested along the way, you'd still be up. The Dow was under 20,000 just 4 years ago anyway and was 6,600 briefly in 2008.
Score: 4 Votes (Like | Disagree)
Avatar
11 weeks ago


I'm thankful that I had not invested in stocks.

Absolutely devastating for people that have lost their savings.

Why would anyone "lose" their savings? Is the stock being taken away from people? You do know that stock prices go up and down?
Score: 3 Votes (Like | Disagree)

Top Stories

Leaker Shares Details on 'iPhone 13' Camera [Updated]

Wednesday May 27, 2020 4:27 pm PDT by
The next-generation iPhone 12 lineup coming in fall 2020 isn't out yet, but Fudge (@choco_bit), a leaker who sometimes shares information on upcoming Apple devices, today offered up details on what Apple has in store for the 2021 iPhone 13's camera setup. A simple design drawing depicts a device with a four camera array, which Fudge claims will have the following features: 64-megapixel...

Apple Begins Selling Refurbished iPhone XR Models

Thursday May 28, 2020 9:50 pm PDT by
Apple today began selling certified refurbished iPhone XR models in select colors and capacities for the first time in the United States. Refurbished iPhone XR models are priced at a roughly 16 percent discount compared to current pricing on brand-new units, knocking $100–120 off of the regular price. In addition to the 64GB and 128GB capacities matching current brand-new iPhone XR models, ...

Powerbeats Pro Debut in Four New Colors: Spring Yellow, Cloud Pink, Lava Red, and Glacier Blue

Friday May 29, 2020 10:00 am PDT by
Following a couple of leaks in recent weeks, Beats today is officially announcing four new colors for its Powerbeats Pro wireless earphones: Spring Yellow, Cloud Pink, Lava Red, and Glacier Blue. The new earphones will go on sale June 9 and sell for the same $249.95 price as the existing color options. Aside from the colors, the new Powerbeats Pro models are otherwise identical to the...

Apple Making It Harder to Avoid Nagging macOS Update Notifications

Thursday May 28, 2020 8:13 am PDT by
With the release of macOS Catalina 10.15.5 and related security updates for macOS Mojave and High Sierra earlier this week, Apple is making it more difficult for users to ignore available software updates and remain on their current operating system versions. Included in the release notes for macOS Catalina 10.15.5 is the following:- Major new releases of macOS are no longer hidden when...

8 Mac Tips and Tricks You Might Not Know

Friday May 29, 2020 12:36 pm PDT by
There are tons of hidden features and shortcuts for Macs that Apple has built into macOS over the years, ranging from shortcuts to keyboard commands to other little hacks to make Mac usage just a bit simpler. In our latest YouTube video, we highlighted several of these tips and tricks, and some of them might just be new to you. Subscribe to the MacRumors YouTube channel for more videos. Tr...

Apple Releases macOS Catalina 10.15.5 With Battery Health Management Features, Fix for Finder Freezing

Tuesday May 26, 2020 1:59 pm PDT by
Apple today released macOS Catalina 10.15.5, the fifth update to the macOS Catalina operating system that was released in October 2019. macOS Catalina 10.15.5 comes two months after the launch of macOS Catalina 10.15.4, which introduced Screen Time Communication Limits. macOS Catalina 10.15.5 is a free update that can be downloaded from the Mac App Store using the Update feature in the...

Top Stories: macOS 10.15.5, New Powerbeats Pro Colors, iPhone 12 and 13 Rumors, and More

Saturday May 30, 2020 6:00 am PDT by
This week saw an interesting mix of news and rumors on the Apple front, led by the release of macOS 10.15.5, which brings a new battery health feature to newer Mac notebooks, while we also saw the official announcement of new colors for the Powerbeats Pro earphones. On the rumor front, we heard a few tidbits about not just this year's iPhone 12 but also next year's iPhone, while we saw...

More Photos and Video of Apple's Redesigned Leather Loop Watch Band Surface

Thursday May 28, 2020 10:50 am PDT by
Images of a new version of the Leather Loop that Apple appears to have in development surfaced yesterday, and today, Vietnamese site Tinhte.vn has shared additional photos and videos that give us a clearer picture of what to expect from the new band. The bands come in colors that include red, hot pink, blue, black, and brown, with some of the bands featuring different colored accents at the...

Philips Hue Play HDMI Sync Box Gains HDR10+ and Dolby Vision Support, Plus Siri Voice Control

Thursday May 28, 2020 12:00 am PDT by
The Philips Hue Play HDMI Sync Box is receiving a major update today, introducing much-desired features like HDR10+ and Dolby Vision support. Designed by Signify as part of the Philip Hue line of lights and accessories, the Hue Play HDMI Sync Box is designed to let Hue users sync their lights to their home entertainment systems. One of the major complaints about the Hue Play HDMI Sync Box ...

APFS Bug in macOS 10.15.5 Catalina Impacts the Creation of Bootable Backups

Thursday May 28, 2020 3:47 am PDT by
An Apple File System bug has been discovered in macOS 10.15.5 Catalina that can prevent users from making a bootable clone of their system drive, according to the creator of Carbon Copy Cloner. In a blog post on Wednesday, software developer Mike Bombich explained that the CCC team had uncovered the issue in the Apple File System, or APFS, when attempting to create a bootable backup in a...