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Why Apple Stock Was Down Today


Shares of Apple (NASDAQ: AAPL) were trading down 2.4% as of 12:21 p.m. ET on Thursday after the company pushed back its return to the office for employees, according to a report from the Wall Street Journal. The recent rise in COVID-19 cases can be to blame, which also forced Apple to close three retail stores due to a spike in new cases. 

The news comes as the stock currently sits close to new highs, with the share price up 31% year to date.

AAPL Chart

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Source Fool.com

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