KEY POINTS
  • Apple stock dropped on Friday after the company said planned to close some U.S. stores due to rising levels of Covid-19. 
  • A total of 11 Apple stores will shut in Florida, North Carolina, South Carolina and Arizona.
  • Customers who have products in these stores for repair will have the weekend to get their devices back.
Apple CEO Tim Cook delivers the keynote address during a special event on September 10, 2019 in the Steve Jobs Theater on Apple's Cupertino, California campus.

Stocks rolled over to trade lower on Friday after Apple said it will again close some stores because of recent spikes in coronavirus cases around the U.S.

Shares of Apple closed down 0.57%.