Investor Alert

March 1, 2021, 8:31 p.m. EST

All Apple retail stores in U.S. open for first time in almost a year; stock jumps

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Berkshire Hathaway Inc. Cl B (BRK.B)
  • X
    Apple Inc. (AAPL)
  • X
    Dow Jones Industrial Average (DJIA)

or Cancel Already have a watchlist? Log In

By Mike Murphy

For the first time in almost a year, all of Apple Inc.’s U.S. retail stores are open.

That milestone, along with news over the weekend that Warren Buffett’s Berkshire Hathaway /zigman2/quotes/200060694/composite BRK.B +1.10% is still bullish on its 5.4% stake in the tech giant, sent Apple shares /zigman2/quotes/202934861/composite AAPL -0.25% jumping more than 5% on Monday, their biggest gain in more than four months.

Apple closed all its stores outside China on March 13, 2020 , as the COVID-19 pandemic swept the globe. Its stores in China had closed that February.

But as of Monday, all 270 Apple stores in the U.S. were open in some capacity, though some still have restrictions, such as being appointment-only. Stores in Texas were the last to reopen Monday, following additional delays caused by February’s crippling winter storm.

9to5 Mac was the first to report the openings. It also said the only Apple stores remaining closed worldwide are about a dozen in France and Brazil.

A number of U.S. stores had reopened starting last May , but many were forced to close again as the pandemic worsened and local restrictions were tightened. The reopened stores are seen as somewhat of a bellwether on local business conditions, and are an encouraging sign of an economic recovery as COVID-19 vaccines get distributed more widely and cases fall nationwide.

Apple shares rose more than 5% on Monday, their best showing since a 6.4% gain on Oct. 12. Apple stock is down 3.7% year to date, but is up 71% over the past 12 months, compared to Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.48% gains of 3% this year and 18% over the past year.

$ 272.11
+2.97 +1.10%
Volume: 4.71M
April 16, 2021 4:02p
P/E Ratio
Dividend Yield
Market Cap
$618.28 billion
Rev. per Employee
US : U.S.: Nasdaq
$ 134.16
-0.34 -0.25%
Volume: 84.92M
April 16, 2021 4:00p
P/E Ratio
Dividend Yield
Market Cap
$2258.00 billion
Rev. per Employee
US : Dow Jones Global
+164.68 +0.48%
Volume: 348.18M
April 16, 2021 5:15p

Get news alerts on Apple Inc. — or create your own.
This Story has 0 Comments
Be the first to comment
More News In

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.