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Apple Shares Rise On Plan To Reopen 25 U.S. Stores In States Like California, Florida

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deadline.com

By Dade Hayes Finance Editor Apple shares gained 2% to around $314 in early trading Monday after the tech giant outlined plans to reopen 25 of its U.S.

stores. After being forced to close for two months due to COVID-19, stores in California, Florida and Hawaii are reopening this week, leading the effort of retailers decimated by the pandemic to get back on their feet.

Apple operates 271 stores in the U.S. It has now reopened 100 stores worldwide after being among the first retailers to close in China and elsewhere as the impact of the coronavirus began to be felt in February.

In a letter to customers, the company on Sunday detailed various steps it is taking in order to reopen. The measures, which will vary according to the specifics of

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