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!

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WUHAN CORONAVIRUS: US health policy risk versus East Asian countries - Business InsiderPOLICY SHORTFALL: US government is less equipped to handle coronavirus and support citizens than the East Asian countries that have already been hit That is an obviously criminal article that encourages civil strife and seeks to fear some hypothetical dirt Report Its the godamn mass of demonstrators that wants medicine, prohibation and survailance, not the authorities Report
Source: BusinessInsider - 🏆 729. / 51 Read more »