2020 pandemic Coronavirus

Some businesses thrived, many lagged during pandemic in 2020

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walloped the global economy and stock markets. Meanwhile, a report issued by the National Bureau of Economic Research found that 2% of small businesses surveyed had shut down permanently in March.

On Dec. 21, Apple's stock market value totaled over $2.18 trillion, up 121% since March 23. On the same day, Congress approved nearly $300 billion in additional relief for small businesses, money that many hard-hit owners only hope can help them survive until the pandemic finally easesThe success of Apple and other big technology companies and the struggles of the smallest of businesses is just one example of how the pandemic created winners and losers in the business world in 2020.

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