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McDonald's Shares Plunge Amid E.coli Outbreak

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Numerous illnesses have been reported in several states, the CDC has said.
McDonald’s shares have dropped after the Centers for Disease Control and Prevention (CDC) announced an outbreak of E.Coli has been linked to its Quarter Pounder burgers.
The government agency said 49 cases of E.Coli have been reported in 10 states between September 27 and October 11, with most of the illnesses reported in Colorado and Nebraska. Ten people have been hospitalized, and one person in Colorado has died.
McDonald’s shares dropped by 5.8 percent in after-market trading on Tuesday to a low of $282.22, before gaining again to $296.44, not quite recovering to its close price of $314.69.
Newsweek has contacted McDonald’s for comment via email outside of regular working hours.
The CDC said in its latest update on October 22: « This is a fast-moving outbreak investigation. Most sick people are reporting eating Quarter Pounder hamburgers from McDonald’s and investigators are working quickly to confirm which food ingredient is contaminated.

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