01.06.2020 Apple Daily Analysis

01.06.2020 Apple Daily Analysis

Apple today is trading at $317.94, it is trading lower with $0.31mainly because on Sunday stores were shuttered across the United States as retailers already reeling from closures because of the coronavirus pandemic shut outlets amid protests that included looting in many U.S. cities. Protests turned violent in places including New York and Chicago following the death in Minneapolis of a black man, George Floyd, seen on video gasping for breath as a white police officer knelt on his neck. In the nearby Grove Shopping Center, which houses 51 upscale stores, Nordstrom, Ray-Ban, and Apple were broken into and this led to companies to temporarily close. Apple said in an email statement it also had decided to keep a number of its U.S. stores closed on Sunday. However, the company did not specify how many stores were closed, or if the closures would be extended.