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Friday, June 19, 2020

Apple closing some U.S. stores as coronavirus spikes

Apple (NASDAQ:AAPL) will close its retail stores in Arizona, Florida, North Carolina, and South Carolina due to spiking coronavirus infection rates.
The tech giant began to reopen its U.S. stores last month. As of this week, 154 of the 271 stores were open.
Apple will close 11 of the 27 retail stores in the listed states out of “an abundance of caution.”
Source: Bloomberg.
Apple shares are down 0.5% to $349.86.
Related: During the fiscal Q2 earnings call in April, CEO Tim Cook said the last three weeks of the quarter felt the pressure of the retail store closures outside of China.
https://seekingalpha.com/news/3584631-apple-closing-u-s-stores-coronavirus-spikes

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