Finance
Chipotle stock falls after customers report illness, restaurant closes
William Brinson
- Chipotle‘s stock price fell 2% premarket on Tuesday. Business Insider reported late-Monday that more than 170 people said they fell ill after eating at a restaurant in Ohio.
- The company has closed the restaurant amid an investigation.
- Chipotle’s stock has gained 61% this year as the company turned around a sales slump that was caused by illness outbreaks.
- Follow Chipotle’s stock price in real-time here.
Chipotle shares are down 2% ahead of the market open on Tuesday. Business Insider’s Hayley Peterson reported late-Monday that more than 170 people said they fell ill after eating at a restaurant in Powell, Ohio.
Chipotle has closed the restaurant amid an investigation. The company told health officials that two to five staff members called off work due to illness on July 29 and 30.
Reports of illness first surfaced Sunday on the website iwaspoisoned.com, and surged into the hundreds following Business Insider’s report.
Chipotle’s stock soared 61% this year through the market close on Monday amid optimism about the appointment of Brian Niccol, the new CEO. He was hired from Taco Bell to help turnaround the business, which had experienced a slump in sales and traffic after multiple illness outbreaks linked to Chipotle.
-
Entertainment6 days ago
WordPress.org’s login page demands you pledge loyalty to pineapple pizza
-
Entertainment7 days ago
The 22 greatest horror films of 2024, and where to watch them
-
Entertainment7 days ago
Rules for blocking or going no contact after a breakup
-
Entertainment6 days ago
‘Mufasa: The Lion King’ review: Can Barry Jenkins break the Disney machine?
-
Entertainment5 days ago
OpenAI’s plan to make ChatGPT the ‘everything app’ has never been more clear
-
Entertainment4 days ago
‘The Last Showgirl’ review: Pamela Anderson leads a shattering ensemble as an aging burlesque entertainer
-
Entertainment5 days ago
How to watch NFL Christmas Gameday and Beyoncé halftime
-
Entertainment4 days ago
Polyamorous influencer breakups: What happens when hypervisible relationships end