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Chipotle Stock Tumbles as E. Coli Outbreak Reaches 6 States

Nick Slovikoski1 year ago

Shares of Chipotle Mexican Grill have dropped to an 18-month low as officials confirm an E. coli strain linked to Chipotle restaurants has spread across six states, Reuters reports.

Investigators Work to Determine Source of Outbreak

The U.S. Centers for Disease Control and Prevention (CDC) has reported 45 people sick from the E. coli O26 outbreak strain, and of those, 43 reported eating at Chipotle.

Sixteen people have been hospitalized and no deaths have been reported.

The outbreak has been recorded in six states: California, Minnesota, New York, Washington, Oregon, and Ohio.

This outbreak is the third food safety lapse this year by Chipotle, driving away customers and denting stock prices. The source of the E. coli outbreak has not been found.

Chipotle has hired food safety consultants to test food and change preparation procedure. Investigators suspect produce as the source, but it has not been confirmed.

About E. Coli

The following information was provided by the U.S. Centers for Disease Control and Prevention:

  • While most strains of E. coli are harmless and exist as part of a healthy human intestinal tract, some strains can result in illness.
  • Normally, a person will become ill within three days of being exposed to a pathogenic strain of E. coli.
  • While symptoms of E. coli infection can vary, the CDC notes that the vast majority of consumer infected after eating at a Chipotle restaurant reported diarrheal symptoms.

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