Chipotle gets more bad news; Stock drops

[KamaAina]

http://www.cnbc.com/2015/12/04/chipotle-stock-drops-after-e-coli-outbreak-spreads.html

Chipotle stock fell after the CDC said seven more ill people have been reported in the multistate outbreak of E. coli infections linked to Chipotle locations.

This means three more states (Illinois, Maryland and Pennsylvania) have now reported illnesses as part of the outbreak, bringing the total to nine states. The investigation has not determined what food is linked to the E. coli outbreak.

The stock last traded down 3 percent after paring some losses. (Click here to track Chipotle stock.)

"While these case are newly reported, they are not new. Exposure continues to be in the mid-October to early-November timeframe. They are just now making their way through the reporting process. I'd also note that the one case in Pennsylvania has no Chipotle exposure," wrote Chipotle Spokesman Chris Arnold in an email.

This really sucks for the two-thirds of the country that is not the Southwest and so has no other source of burrito goodness.

[JI7]

1. this is the problem with all the non gmo crap, they focus so much on things like that

when they should be focusing on safety standards .

[TwilightGardener]

2. Meh. I'll still eat there. Jack In the Box is still in business.