McDonald's hamburgers linked to deadly E. coli outbreak in the US

Published On Oct 22, 2024, 4:58 PM

The CDC has reported 49 cases of E. coli linked to McDonald's Quarter Pounder sandwiches, with ingredients under investigation. McDonald's has temporarily removed slivered onions from their supply due to being the likely source of contamination. Following the outbreak news, McDonald's shares dropped by about 9%. Investigators are determining if other businesses might have used the contaminated product. No recalls have been issued yet, and the company is cooperating with health authorities while emphasizing their commitment to food safety.

Read full article

Stock Forecasts

MCDView MCD chart on TradingView

Negative

The outbreak and subsequent drop in stock price indicate a significant short-term risk for McDonald's as consumers may avoid their products due to safety concerns. However, the company's swift action to remove the suspected ingredient could mitigate longer-term brand damage if managed well.

Related News

Stock futures slide after S&P 500 posts first back-to-back decline since early September: Live updates

Oct 22, 2024, 6:02 PM

On Tuesday, the S&P 500 and Dow posted modest losses, marking back-to-back declines for both indexes.

MCD
SBUX
SPY

E. Coli Outbreak Linked to McDonald’s Quarter Pounders

Oct 22, 2024, 5:07 PM

The C.D.C. said that nearly 50 people had become ill and one person had died from the deadly bacteria, which the agency tied to an ingredient in one of the fast food chain’s burger items.

MCD

McDonald's stock sinks after CDC reports E. coli outbreak linked to quarter pounder

Oct 22, 2024, 4:52 PM

McDonald's shares sank around 10% in after-hours trading on Tuesday following news of an E. coli outbreak linked to its burgers.

MCD