Global stocks tank after Apple warns Wuhan coronavirus is hammering sales | Markets Insider

that it doesn't expect to hit its second-quarter revenue target of $63 billion to $67 billion. The warning sent its shares down 3.4% in pre-market trading, wiping $48 billion off its market capitalization.

The outbreak also forced it to temporarily close all of its stores in the country, the company said. Those that have reopened are operating with reduced hours and experiencing very low customer traffic.across more than 25 countries — threatens to weigh on other companies' sales and production.

Wuhan Stock Market correction.

Open.

We will see the aftermath of the COVID19 between Q1 and Q2 this year...This is only the beginning!

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