Stock Market General Stock Market's Reaction to the Coronavirus — Timeline

Stock Market’s Reaction to the Coronavirus — Timeline

The coronavirus has a massive influence over the stock exchanges around the world, bookmark this article to stay up-to-date, as we are updating it daily!

Novel Coronavirus (2019-nCoV) has originated from Wuhan, China and since its discovery, companies had to make a lot of changes; you can see the timeline of that below.

December 31, 2019

China alerted the WHO (World Health Organization) of a currently unknown virus.

January 1, 2020

Several infected worked at the Seafood Wholesale Market, where it possibly originated from. Later that day, the market has shut down.

January 7, 2020

WHO announced the identification of the novel coronavirus, named 2019-nCoV.

January 11, 2020

China announces its first death from the virus, a 61 years old man who purchased food from the market. Treatment did not help, and he died two days earlier, on January 9, when he was admitted to the hospital.

January 13, 2020

WHO reported a case in Thailand, the first outside of China, which is a woman who had arrived from Wuhan.

January 17, 2020

Some US Airports start screening passengers from the city.

January 24, 2020

Confirmed cases to reach 1000.

January 27, 2020

Death count to reach 100.

Alpha Pro Tech shares price (face mask manufacturer company) more than doubles in the past 10 days.

January 28, 2020

Starbucks has closed more than half of its Chinese stores because of the virus.

Confirmed cases to reach 5000.

January 29, 2020

McDonald’s closes hundreds of Chinese stores due to coronavirus concerns.

Tesla is forced to close the Shanghai Gigafactory just a month after opening to contain the coronavirus outbreak.

January 31, 2020

Confirmed cases to reach 10000.

Map of Earth, displaying coronavirus cases.
Coronavirus map showing the spread to North America and the Western part of Europe. Source: https://gisanddata.maps.arcgis.com/

February 3, 2020

Chinese shares are falling rapidly, closing nearly 8% lower — which is the biggest daily drop in more than four years.

February 4, 2020

Disney says that its theme parks in Shanghai and Hong Kong have been closed. This can reduce second-quarter revenue by up to $175 million.

Nike announced that half of the stores had been closed, and the rest is operating with reduced hours and lower traffic.

February 5, 2020

Death count to reach 500.

Confirmed cases to reach 25000.

February 6, 2020

KFC and Pizza Hut franchises to close nearly one-third of stores in China, the other stores experience massive drops in sales.

Nintendo to delay shipment of its handheld game console ‘Nintendo Switch’ to Japanese customers.

February 9, 2020

Mobile World Congress is canceled this year because of virus concerns.

February 10, 2020

Tesla reopens Gigafactory in Shanghai after more than 2 weeks of break — Elon Musk receives massive backlash for it.

Death count to reach 1000.

February 11, 2020

Under Armour tells investors that its revenues in the first few months of 2020 will take a hit — estimated at $50 million to $60 million.

February 12, 2020

Confirmed cases to reach 50000.

February 17, 2020

Apple warns it will miss quarterly targets because of the virus.

February 20, 2020

Confirmed cases to reach 75000.

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