McDonald's shares are trading lower after the FDA said that, as of Oct. 24, 75 people infected with the outbreak strain of E. coli O157:H7 have been reported from 13 states.
Portfolio Pulse from Benzinga Newsdesk
McDonald's shares are declining following an FDA report of 75 E. coli infections across 13 states linked to the company.
October 25, 2024 | 3:13 pm
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McDonald's shares are trading lower due to an FDA report of 75 E. coli infections across 13 states, potentially linked to the company.
The FDA's report of E. coli infections is directly linked to McDonald's, causing investor concern and a drop in share price. The health scare could impact consumer confidence and sales, leading to a negative short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100