The company’s shares, which fell up to 10% in the aftermarket, fell 5% this Wednesday after it became known that there were dozens of people infected by eating hamburgers from that fast food chain.
Alarm over an outbreak of the “Escherichia coli” bacteria related to hamburgers known as “Quarter of a Pound.”
McDonald’s shares sink 5% on Wall Street after a outbreak of the bacteria “Escherichia coli” related to its hamburgers known as “Cuarto de Libra”. In the aftermarket on Tuesday they sank up to 10% but then closed almost flat, despite this, On Wednesday it plummets again by 5%.
The focus of poisoning began at the end of September, and spread across 10 western states, with most of the 49 cases concentrated in Colorado and Nebraska, according to the health agency. A total of 10 people were hospitalized, including a child with hemolytic uremic syndrome
In fact, it was reported that “an elderly person from Colorado died”, says a statement from the CDC. All affected people were carriers of the same strain of “E. coli” and reported having eaten the hamburgers McDonald’s “quarter pounder” before developing symptoms.
Although the authorities They have not yet identified the exact ingredient causing the outbreak, They focus on onions and beef, which have been removed from restaurants in affected states pending further investigation.
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“It is important to highlight that this is not the first time that a food and/or consumer discretionary company presents this type of news, which forces a correction in the share price. However, In the long term, what marks the path or trend in the share price are its fundamentals and its cash generation prospects.“, they explained from Guardian capital.
Source: Ambito
