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.
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.